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Earnings Growth Lower Than Potential: Alroy Lobo

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September 4: Kotak AMC’s Alroy Lobo says FY14 earnings growth will have to be revised lower, as growth is significantly lower than its potential to hit earnings. He forecasts tepid earnings growth in FY15 and expects this year to be one for macro fundamentals instead of earnings growth. “Though not very big, there is a downside on company valuations this year,” he adds.