Q3FY23 is likely to be flat with many firms still passing on the input price rise from earlier quarters. Over the next two quarters, corporate margins may bottom out and see improvement which could support earnings.
from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/daily-voice-|-rural-india-sees-better-growth-trendnext-few-months-given-favourable-harvestsprices-sahil-kapoordsp-mf_16801281.html
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