New Delhi, Aug. 18 -- Domestic brokerage house Motilal Oswal (MOSL) described corporate earnings for Q1FY26 as the "Crossover quarter," reflected a shift from the low single-digit earnings growth of FY25 to a more sustainable double-digit trajectory. The Nifty reported an 8% YoY PAT growth, exceeding their estimate of 5%, marking the fifth consecutive quarter of single-digit earnings growth since the pandemic (June 2020).

As per the brokerage, five Nifty companies-Bharti Airtel, Reliance Industries, SBI, HDFC Bank, and ICICI Bank-accounted for 77% of the incremental YoY accretion in earnings. On the other hand, Coal India, Tata Motors, IndusInd Bank, ONGC, HCL Technologies, Kotak Mahindra Bank, Axis Bank, Eternal, HUL, and Nestle contrib...