scorecardresearchEarnings growth could moderate in FY23, FY24; largecaps to fare better: Shyamsunder Bhat of Exide Life Insurance

Earnings growth could moderate in FY23, FY24; largecaps to fare better: Shyamsunder Bhat of Exide Life Insurance

Updated: 30 May 2022, 05:30 PM IST
TL;DR.
  • “The earnings growth in FY22-23 and FY23- 24 could moderate to a range of 10-12%, with the higher base of FY21-22 and a likely difficulty in the ability of corporates to pass on their higher costs,” says Bhat.
Shyamsunder Bhat pointed out there are multiple headwinds of a risk of earnings downgrades, high inflation, reduction in liquidity and rising interest rates, as well as the uncertainties around the duration and extent of the Russia-Ukraine conflict.

Shyamsunder Bhat pointed out there are multiple headwinds of a risk of earnings downgrades, high inflation, reduction in liquidity and rising interest rates, as well as the uncertainties around the duration and extent of the Russia-Ukraine conflict.