Q: Do you see earnings growth, does your research team and you share the confidence that FY17 there will be that kind of double digit earnings growth?
Uday Kotak: We believe so. We believe that earnings will pick up particularly in the second half of FY17.
Q: We have been pushing it behind by two quarters for perhaps the last two years. Is this it finally?
Uday Kotak: Depends on the monsoons and that is a very important criteria and also the global situation, as long as the global situation is not hostile and we have a decent monsoon, we have a fair chance of seeing the economy begin to bounce back in the second half of FY17.
-from Money Control