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Private companies first quarter sales accelerate but costs drag profit growth
MUMBAI: The private corporate sector began FY27 with a marked acceleration in sales, but the improvement was less impressive at the bottom line as rising input costs and tax provisions absorbed much of the gain. An analysis of listed non-financial companies by Reserve Bank of India showed sales rising 19.4% year-on-year to Rs 21.6 lakh crore in Q1FY27, up sharply from 5.5% in Q1FY26 and 13.9% in Q4FY26.
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timesofindia.indiatimes.com
Post-Covid, profits rise faster than investment
MUMBAI: Corporate profits have recovered much faster than investment after the pandemic, with aggregate profit before interest and tax (PBIT) growing 21.4% in FY24 against 6.1%…
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economictimes.indiatimes.com
India Inc’s revenue growth to moderate to 13-15% in Q2 FY27; margins under pressure: ICRA
India Incs revenue growth is expected to moderate to 13-15% in Q2 FY27 from 21.3% in Q1, ICRA said. Higher input costs could squeeze margins, while domestic consumption supports…
