Nifty to deliver revenue growth of 4.5 pc in Q2 FY25, profit after tax to increase by 4.1 pc: Axis Securities

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New Delhi [India], October 12 (ANI): As the earnings season begins and companies start reporting their financial results, the Nifty 50 index is projected to deliver a revenue growth of 4.5 per cent for the second quarter of the fiscal year 2025 (FY25), according to a report by Axis Securities...

The report noted that Nifty will achieve growth in revenue of 4.5%, earnings before interest, taxes, depreciation and amortization (EBITDA) of 6 per cent, and profit after tax (PAT) of 4.1 per cent respectively, during the quarter...

Based on our and consensus estimates, we forecast Nifty to deliver a Revenue/EBITDA/PAT growth of 4.5 per cent/6 per cent/4.1 per cent respectively for the quarter, stated the report...

The report further explained that excluding companies in cyclical sectors like Oil & Gas and Metals, Niftys performance is expected to be stronger, with revenue, EBITDA, and PAT growth likely to be 6.7 per cent, 11.3 per cent, and 10.2 per cent, respectively...

In terms of sectoral performance, the report expects earnings growth for the second quarter of FY25 to be driven by sectors such as Financials, Information Technology (IT), Telecom, Healthcare, and Utilities...

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