Thursday, June 05, 2025 | 11:17 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

India Inc's profits fall off record high in April-June quarter

Earnings lowest in four quarters; sales surge

q1 results, earnings, companies, india inc, corporate
premium

Corporate India's revenue growth in the April-June period was among the best in recent years. Illustration: Ajay Mohanty

Krishna Kant Mumbai
Corporate earnings grew in double digits during the April-June 2022 (Q1FY23) quarter but the momentum waned. Overall corporate earnings in the quarter were down sharply from their highs in FY22.

The combined net profit of 2,981 listed companies across sectors in the Business Standard sample was up 22.4 per cent YoY to Rs 2.24 trillion in the June quarter, driven by a big jump in the earnings of banks, non-banking lenders, oil & producers, and FMCG companies. Also, earnings in the corresponding quarter a year ago were affected because of the second wave of the Covid pandemic, even though the numbers