4.5% Nifty 50 revenue growth and 6% EBITDA increase forecasted by Axis Securities for Q2 FY25.

Axis Securities forecasts a 4.5% revenue growth for the Nifty 50 index in Q2 FY25, with EBITDA rising 6% and profit after tax (PAT) increasing 4.1%. Excluding cyclical sectors like Oil & Gas and Metals, growth is expected to be stronger, with revenue, EBITDA, and PAT projected at 6.7%, 11.3%, and 10.2%, respectively. Factors such as favorable rainfall, strong GST collections, and increased cargo traffic are contributing to a positive macroeconomic outlook.

October 12, 2024
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