New Delhi, April 12 -- India's corporate earnings outlook for Q4FY26 remains mixed, shaped by a high base from the corresponding quarter last year, tightening financial conditions across bonds and currency markets, softer rural trends, and the lagged effects of geopolitical tensions that escalated in March. While economic momentum in both Q4FY26 and Q1FY27 is expected to remain uneven amid global uncertainties and domestic adjustments, sectoral fundamentals continue to exhibit resilience.

The FMCG sector remains on a gradual recovery path, supported by steady rural demand. After moderation in Q3 due to GST-led inventory and pricing adjustments, growth is expected to improve in Q4FY26. Organised channels such as modern trade, e-commerce, ...