India Inc is expected to turn in a modest performance for the September quarter with net profits for the Nifty 50 estimated to rise by about 6-7% year-on-year, analysts say. With the demand environment subdued for most of the quarter and spends being held back until September 22, consumer-oriented companies are tipped to report ordinary results. Also, the very heavy and long monsoon is believed to have impacted sales of products like paints as also business at fast-food joints.

The sharp depreciation in the rupee during the quarter, of over 3%, would come as a windfall for exporters.

Earnings for the second quarter of FY26 would get a lift from the companies in sectors such as oil & gas, metals, and cement. On the other hand, banks are expected to report subdued results that will pull

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