India Inc has reported its strongest quarterly revenue growth in nearly 14 quarters, with the June quarter earnings season opening on a positive note.
Strong performance by banks, supported by healthy loan growth and stable asset quality, helped drive double-digit revenue growth across listed companies.
However, rising operating costs and weaker demand in some sectors continued to put pressure on corporate profit margins. Analysts expect banking, financial services and select consumer-focused companies to remain key earnings drivers in the coming quarters, while businesses continue to monitor inflation, global uncertainties and domestic demand for sustained growth and profitability.