India Inc reports strong Q2 profit growth of 15.2%
pre-market1 source ↓written by the desknot a recommendation
- in India surged
- 2,857 companies
- in Q2
- 15.2%
- also climbed
- 8.6%
Aggregate net profit growth for 2,857 companies in India surged to 15.2% in Q2, rebounding from a prior single-digit increase. Revenue also climbed to 8.6%, marking a five-quarter high. Key sectors such as automobiles, cement, and oil and gas led this growth, indicating a robust market outlook for the upcoming quarter.
Not investment advice. For informational purposes only.