Q2 earnings preview signals banks and financials driving strong double-digit growth.
Context
What happened: Brokerages previewed FY27Q2 earnings for the July-September 2026 quarter, expecting strong growth led by banks, financials, automobiles, metals, oil and gas, and telecom.
Key numbers: Jefferies sees 17 per cent revenue growth and 14 per cent earnings growth for its
Why it matters: Elevated commodity costs are expected to weigh on margins, keeping the earnings recovery uneven. Jefferies sees aggregate Ebitda margins contracting 0.6 percentage points sequentially and 1 percentage point year-on-year, with 62 per cent of companies likely to report a year-on-year margin decline.
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Oct 08, 2026 07:41 AM ET