Nifty companies covered by Morgan Stanley reported strong earnings growth in Q4 FY23, beating analyst estimates. EBITDA margins increased for the first time in eight quarters, and net profit was above expectations.
'Profit beat, in-line revenue growth hint at India's earnings up-cycle trend'

Morgan Stanley: In line revenue growth for the Sensex and Nifty was 14% and 12% YoY, respectively, versus predictions from brokerage experts.
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