neutral
Recently
Revenue growth masks profit pressure across India Inc in Q3
India Inc delivered strong Q3 revenue growth but weaker profitability, highlighting margin pressure and uneven earnings performance across sectors.
December quarter earnings highlighted a divergence between revenue expansion and profitability across India Inc. Aggregate revenue rose 20.89% year on year to Rs 166,690 crore, while net profit declined 8.77% to Rs 19,617 crore. Nifty 50 companies reported revenue growth of 7.56%, but net profit fell more than 13%.Results were mixed as ICICI Prudential Life grew profits, while HCLTech posted an 11% decline amid margin pressure.