India, Jan. 15 -- As the first set of the corporate financials for the third quarter (October-December 2025) in this fiscal year come in, there is a growing conviction that the new four labour codes will benefit employees. On the flip side, there will be a huge one-time negative impact on firms across sectors, and ongoing repercussions, which may influence future earnings, and benefits of the employees. In effect, while the codes will provide immediate gains to the existing employees, future ones, and those who shift, may face pressures from the employers to lower the remunerations to adjust the higher legal requirements on benefits due to the new codes. As an immediate effect, analysts feel that the net profits of Indian firms in the thi...