Indian companies, grappling with a weak economic environment, have restructured their operations but are hesitant to reward shareholders with dividends or buybacks due to high valuations. While reinvesting in this climate poses risks, the market shows signs of an oversold state, suggesting a potential short-term rebound.
Results for: India Inc.
India’s corporate earnings season for Q1 2023 paints a mixed picture. While some companies performed well and defied industry trends, others struggled with higher costs, softening demand, and a challenging high base. This analysis delves into the key trends, highlighting the companies that exceeded expectations and those that fell short.