New Delhi, Feb. 17 -- The Nifty-50 index has reported a subdued performance for the third straight quarter, posting a single-digit year-on-year (YoY) growth in profit after tax (PAT), according to a report by Motilal Oswal.
The report highlighted that for the quarter ended December 2024 (Q3FY25), Nifty delivered a modest 5 per cent YoY PAT growth, in line with market expectations. This marks the third successive quarter of muted earnings expansion since the pandemic-induced slowdown in June 2020.
It said, "A third consecutive quarter of low single-digit earnings growth.....This market correction has coincided with a slowdown in earnings growth, as the Nifty-50 has managed only 4 per cent PAT growth in 9MFY25".
As per the report the rec...
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