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Indian firms beat fourth-quarter estimates, but Iran war dims outlook

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Indian firms beat fourth-quarter estimates, but Iran war dims outlook

June 2 (Reuters) – Indian companies posted a surprise earnings beat for the three months ended March, as domestic activity hummed along boosted by consumption tax cuts and easy monetary policy, but the Iran war-led energy shock is expected to weigh on profitability. As Indian markets slip to seventh place in market value rankings amid a record foreign fund exodus,…

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