US singer D4vd has been accused of having "a significant amount" of images depicting child sex abuse on his phone and iCloud account when he was arrested over the death of a 14-year-old girl found in his car, prosecutors say. The discovery was made through search warrants in the case as police
This summer is shaping up to be one of managerial uncertainty and upheaval at the end of a season in which 10 Premier League bosses have already left their jobs. Liam Rosenior was the most recent of those - sacked by Chelsea earlier this week after three months in charge
Kevin Pietersen has urged young batter Jacob Bethell to stay in India and learn from the IPL, dismissing Alastair Cook's suggestion to return to county cricket. Pietersen believes the IPL environment, even without playing, offers invaluable experience
"Call me Ringo." That's what the former Beatles drummer says when asked if we should call him Sir. He joins us at the swanky Sunset Marquis hotel in West Hollywood where rock stars have gathered for decades in a luxury oasis behind the Sunset Strip."Call me Ringo
Meta to cut 10% of staff: What will be the severance package for US employees?In an internal memo sent by Meta’s chief people officer, Janelle Gale, the company detailed the severance package it will supposedly offer to those affected. Published on: Apr 24
After the disappointment at the United Nations climate summit in Brazil in November 2025 that failed to establish an agreement on phasing out fossil fuels, a conference in Colombia from April 24 to 29 has brought the hope that the world community will take decisive steps towards transitioning to
Enid Vance Air Force Base tornado damage: Videos show large twister tearing through OklahomaVance Air Force base in Enid, Oklahoma reportedly took a direct hit from the tornado there, as scary visuals emerged on social media. Published on: Apr 24
US President Donald Trump said on Thursday that Navy Secretary John Phelan was dismissed following disagreements with senior Pentagon officials over shipbuilding issues, as reported by Reuters. Phelan's removal is part of a broader wave of leadership changes at the Pentagon
India Inc Set For Strongest Earnings Growth In Two Years Despite Q3 Challenges For Select Firms
India Inc Set For Strongest Earnings Growth In Two Years Despite Q3 Challenges For Select Firms
As the Q3 results season begins next week, India Inc is poised to post its strongest earnings growth in the past two years, with Motilal Oswal projecting a 16% year-on-year profit increase for companies within its coverage universe. However, brokerages caution that a broad-based recovery may remain elusive for exporters and sectors such as chemicals, pharmaceuticals, IT, BFSI, FMCG and EMS.
A review of earnings estimates by Nuvama, Kotak Institutional Equities and Motilal Oswal indicates that at least nine companies are likely to report profit declines of 50% or more year-on-year in the October–December quarter of FY26.
IndusInd Bank is expected to record the sharpest fall, with core profit projected to plunge 92% year-on-year to Rs 113 crore from Rs 1,401 crore in the same quarter last year. The private lender continues to face pressure from asset quality issues and elevated provisions.
In the specialty chemicals segment, PI Industries is headed for a tough quarter, with profit expected to drop between 69% and 80% year-on-year. The agrochemicals major is grappling with weak pricing in key molecules, especially after profit warnings from its Japanese partner Kumiai Chemicals on Pyroxasulfone, one of its flagship products.
The textile sector is also under severe stress, with Welspun Living likely to slip into losses. The home textile exporter's profit is expected to crash 99% year-on-year to just Rs 10 lakh from Rs 120.8 crore, hurt by tariff pressures and higher cost absorption amid a weak demand environment, according to Nuvama.
GAIL India, the country's largest natural gas transmission company, is projected to see its core profit fall 55% year-on-year to Rs 1,742 crore from Rs 3,867 crore. Weakness in its LPG and petrochemical segments, driven by low regional LPG prices and continued losses in the petchem division, is expected to weigh on profitability.
In pharmaceuticals, NATCO Pharma is likely to report a 73% year-on-year decline in profit. While its domestic pharma and agrochem businesses are expected to post modest growth, the much lower contribution from gRevlimid compared with last year's high base is set to hurt margins.
Orchid Pharma is also expected to see a 73% year-on-year fall in profit, impacted by slower exports and pricing pressure in key markets. Its EBITDA margin is likely to contract sharply to around 4.4%.
Bajaj Electricals, facing weak consumer demand and adverse operating leverage, is expected to report a 52% year-on-year drop in profit as competitive intensity continues to pressure margins.
Sapphire Foods India, which operates Pizza Hut and KFC outlets, is expected to see its net profit decline 62% year-on-year. The QSR operator is battling weak same-store sales growth, with KFC likely to post flattish SSSG and Pizza Hut expected to record an 11% decline.
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KNR Construction is projected to report a 55.7% year-on-year fall in adjusted PAT to Rs 40 crore, according to Motilal Oswal. However, its operating margin is expected to improve by 160 basis points year-on-year on better execution after a weak Q2.
Overall, weak global growth, margin pressure from rising competition, and muted consumer demand in select segments are the key drivers of the earnings slowdown. While sectors such as industrials, domestic autos, metals and durables are expected to deliver strong growth, exporters in chemicals, auto and pharma are likely to continue facing significant headwinds.
Source: News18
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