Nifty 50 Companies Projected to Log Strong Double-Digit Growth in Q2
· Business · Economic Times
Aggregate revenue and net profit of Nifty 50 companies are expected to grow in double digits year-on-year for the September quarter. ETIG estimates project revenue growth of 19.9% and net profit growth of 22.3%, supported by a lower base from the year-ago quarter. Growth is primarily led by select companies across automobiles, banking and finance, metals, and oil and gas sectors. Aggregate operating margins are expected to contract slightly by 20 basis points to 21.9% amid input cost inflation and normalising commodity costs. Analysts note that performance benefits from improving domestic demand, strong credit growth, government spending, and a recovery in private capital expenditure.
Why it matters
The earnings trajectory directly influences broader Indian market sentiment, investor portfolios, and sectoral capital allocation across banking, manufacturing, and consumer segments.
Read the original report — Economic Times
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