New Delhi, Aug. 19 -- Corporate earnings for 1QFY26, referred to as the "Crossover quarter," indicated a shift from the modest low single-digit earnings growth of FY25 to a consistent trajectory of double-digit growth, according to Motilal Oswal Financial Services (MOFSL).

MOFSL believes that a significant aspect of this quarter was the improved sectoral breadth of earnings growth.

In the MOFSL coverage universe, large-cap companies (87 in total) achieved an earnings growth of 10% Year-over-Year (YoY), which is consistent with the overall universe. Mid-cap companies (92 in total) continued their strong performance from the previous two quarters, delivering impressive earnings growth of 24% Year-over-Year, surpassing our estimate of 20%....