India's GDP growth supports corporate earnings outlook
pre-market1 source ↓written by the desknot a recommendation
- driven
- 7% real growth
- 3-4% inflation
India's corporate profitability is on the rise, with companies capturing a larger share of economic output, according to an Axis Capital report. The report highlights that GDP growth and corporate earnings growth are expected to align over the medium term, driven by 7% real growth and 3-4% inflation. This shift indicates a positive earnings outlook for corporates in the coming years.
Not investment advice. For informational purposes only.