 "Nifty 50 earnings slowdown, Nifty EPS growth Q1FY26, Indian stock market valuations, PEG ratio India equities, Motilal Oswal earnings review, Kotak Institutional Equities outlook, Nifty P/E multiple 2025, India equity market fundamentals, EPS growth")
Earnings momentum for Nifty 50 companies decelerated sharply in the first quarter (Q1) of 2025–26 (FY26) after a weak showing by Corporate India. The benchmark index’s underlying earnings per share (EPS) rose just 7.4 per cent year-on-year (Y-o-Y) — the slowest pace in more than four years.
The slowdown is worse than the previous earnings dip, when EPS grew 8.8 per cent on average during July–September 2023. That downturn was followed by a recovery, which now appears to be stalling again. For comparison, EPS had grown 20.4 per cent Y-o-Y in September 2024 and averaged 18 per cent Y-o-Y growth
