India
Top 500 Indian companies' Q1 earnings rise 13%, excluding oil marketers 23%
Earnings of India's top 500 listed companies grew 13% year-on-year in the April-June quarter. Excluding oil marketing companies, which face input cost pressures from the West Asia conflict, earnings growth was 23% — a more than two-year high, according to a report.
In the April-June quarter (Q1 of FY27), earnings of the top 500 listed companies in India grew 13% on an annual basis, according to a report by Motilal Oswal Financial Services. Excluding oil marketing companies (OMCs), which are under pressure from high input costs due to the war in West Asia, earnings growth stood at 23%, the highest in more than two years.
Mid-cap and small-cap companies continued to outperform large caps in earnings growth. In terms of sales growth during the quarter, large caps outpaced mid-caps but trailed small caps.
On a sectoral basis, metals and financials led the quarter, while OMCs dragged sharply. The report attributed the healthy earnings growth to a resilient macroeconomic environment, better-than-expected margins, and improving fundamentals.
India
Top 500 Indian companies' Q1 earnings rise 13%, excluding oil marketers 23%
Earnings of India's top 500 listed companies grew 13% year-on-year in the April-June quarter. Excluding oil marketing companies, which face input cost pressures from the West Asia conflict, earnings growth was 23% — a more than two-year high, according to a report.
In the April-June quarter (Q1 of FY27), earnings of the top 500 listed companies in India grew 13% on an annual basis, according to a report by Motilal Oswal Financial Services. Excluding oil marketing companies (OMCs), which are under pressure from high input costs due to the war in West Asia, earnings growth stood at 23%, the highest in more than two years.
Mid-cap and small-cap companies continued to outperform large caps in earnings growth. In terms of sales growth during the quarter, large caps outpaced mid-caps but trailed small caps.
On a sectoral basis, metals and financials led the quarter, while OMCs dragged sharply. The report attributed the healthy earnings growth to a resilient macroeconomic environment, better-than-expected margins, and improving fundamentals.