Nifty EPS outlook for FY24 raised by 2.5% on strong Q1 results: Motilal Oswal; remains Overweight on financials, autos As per the Q1 results, the earnings growth during the first quarter of FY24 was fueled by domestic cyclicals, such as BFSI and Auto. Healthcare made a strong comeback with 24% earnings growth after six consecutive quarters of flattish earnings.