Q2 Earnings preview: GST hiccups over; Jul-Sep quarter to be better than Q1

De-stocking has largely been completed and economic activities have started picking up

In the rup-up to companies reporting their earnings for the July-September quarter of 2017-18, Vinod Nair writes how this quarter might have been for India Inc vis-a-vis the previous quarter

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The corporate results for the September quarter (Q2FY18) are expected to be better than those in the June quarter (Q1FY18), which was a disaster, given that it saw a bigger earnings de-growth than anticipated. 

A start to the financial year with a disruptive first quarter was expected to an extent, especially amid de-stocking before the implementation of the goods and services tax (GST) rollout and the after-effects of the government’s move