New Delhi, March 25 -- Chandraprakash Padiyar, Senior Fund Manager at Tata Asset Management, is optimistic about an earnings revival in India. He believes Q4FY25 may outperform Q3FY25 trends and that FY26 could see higher growth than FY25.

In an interview with Mint, Padiyar discussed the Indian economy, risks arising from US President Donald Trump's tariff policies, and attractive sectors. Here are edited excerpts from the interview:

We believe corporate earnings growth may pick up very well in FY26 from a low base of FY25. There are likely to be high differences among various sectors. For example, consumer-facing listed companies seem to be losing shares to unlisted peers, so growth challenges remain.

Export-focused businesses, especi...