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The earnings growth of India's top companies has crawled in the first three quarters of 2024-25 (Apr-Mar), and is likely to continue with the same momentum through the final quarter, too. Chances are the Nifty 50 universe will see a further slowdown in growth during the March quarter, and this will result in a series of earnings downgrades due to mounting uncertainty about the ongoing tariff war and its impact on corporate earnings.
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