Economic TimesLean R·
India Inc revenue surges 19.4% in Q1, strongest in nine quarters, driven by auto, banking, metals, pharma
In the June quarter, Indian companies celebrated remarkable revenue growth, reaching a nine-quarter high. Despite this, profits grew by only eleven percent, largely due to rising input costs. Key sectors such as auto, banking, metals, and pharma played a pivotal role in this expansion. Notably, small and midcap firms showcased impressive earnings per share. Looking ahead, revenue is anticipated to gain momentum from upcoming festivals and premiumization strategies.
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