Bank of America (BofA) has stated that Q4FY25 earnings are tracking better than expected, with the Nifty50 delivering a 3% earnings beat so far. As of now, results covering 61% of the Nifty50 market cap have been announced.
Nifty earnings are up 9% year-on-year, driven primarily by the financial sector, while consumer staples remained muted. The broader NSE200 index is also showing a 4% beat on earnings performance relative to consensus.
Despite the strong Q4 print, BofA flagged near-term earnings headwinds, citing 2–3% downgrades to Nifty EPS estimates for FY26 and FY27. The firm now expects FY26 earnings growth at 13%, lower than the 15% projected during the Q3 earnings season.
The commentary indicates a robust Q4 delivery, but also reflects caution heading into FY26 as analysts recalibrate forecasts in light of macro and sector-specific dynamics.
Disclaimer: This report is for informational purposes only and does not constitute investment advice. Stock market investments are subject to market risks. Please consult a certified financial advisor before making any investment decisions.
