Inside 11-quarter high earnings pomp, 46 companies may wipe out up to 81% of their Q2 profits

At least 46 companies are expected to report double-digit profit declines in Q2, despite Motilal Oswal projecting 22% earnings growth for its coverage universe. Autos, cement, healthcare, consumer and capital goods are among sectors facing pressure, highlighting the uneven nature of the September-quarter earnings recovery.