Q4 Earnings – Reality Check
Topline growth is decelerating and margin pressures persist outside banking, premium valuations demand careful stock selection.
Key insights
- As of 30 April, about 190 companies had announced Q4 FY25 results, revealing clear emerging trends.
- Revenue growth has been on a downward slope: 11.5% in Q2 FY25, 8% in Q3 FY25 and 6.7% in Q4 FY25 (so far).
- Profitability is under pressure outside banking as rising input costs squeeze margins.
- Many companies are struggling to pass higher input costs on to consumers.
- Beyond a few select sectors, broader market valuations remain elevated, a signal for caution.
- Premium valuations call for careful stock-picking.
Disclaimer. PMS investments are subject to market risks. Read all the risk factors and disclosures available on the website carefully before investing. This content is for information only and does not constitute a recommendation. Care Portfolio Managers Pvt. Ltd. · SEBI Regn. No. INP000004128.
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