New Delhi [India], October 12 (ANI): Broader consumption demand in India may take one more quarter to recover fully, even as some sequential improvement is expected in high-frequency economic indicators, according to a report by Axis Securities.

The report suggested that companies may continue to undergo inventory adjustments before consumption patterns normalize.

It stated, "the broader consumption demand could still take one more quarter to get back on track and to undergo a complete inventory adjustment."

The Q2FY26 earnings season is expected to show a mixed trend, broadly in line with previous quarters that witnessed relatively soft performance.

Several factors have shaped this outlook, including mixed trends in US policies, depreciation of the Indian currency, a slower uptick in

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