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Early Q1 results show a slowdown in revenue and profit growth for Indian companies
Early Q1 results reveal a slowdown in revenue and profit growth, hitting a nine-quarter low, excluding Reliance Industries' one-time gain. Banking, finance, FMCG, and IT sectors are showing lackluster performance, impacting overall growth. While initial expectations were high for sectors like capital goods and healthcare, the current trend indicates a weaker earnings picture.
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