
Q2 earnings are expected to remain resilient, with consumer-facing sectors likely to lead growth. Market expert Ambareesh Baliga expects FMCG, consumer durables and automobiles to report decent earnings, supported by robust domestic demand. Urban demand, in particular, is seen growing faster than rural demand. Companies have also taken price hikes to offset higher raw material costs, which could support margins. Amrish expects Q2 earnings to remain as strong as Q1, or potentially improve further, despite concerns around the broader market environment and the impact of geopolitical developments.