Q2 Earnings Scorecard: Which sectors outperformed and which fell behind?
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓The September quarter results showed strong revenue and profit growth in the automobile and banking sectors.
- ✓While Maruti Suzuki and L&T reported gains, IT and pharmaceuticals fell behind due to inflation.
- ✓Experts said, "The trend in the September quarter results season so far is marked by robust double-digit growth."
Story at a Glance
- Category
- Indian Markets
- Reported By
- Economic Times
- Reading Speed
- 6 Minute(s)
- Market Focus
- India Economy
The September quarter results indicate strong revenue and profit growth in sectors like automobiles and banking. In contrast, sectors such as IT and pharmaceuticals showed weakness amid inflationary pressures. Automobile sector leaders like Maruti Suzuki and Bajaj Auto reported significant growth in sales and exports. L&T's orders surged, while the cement sector faced challenges with fluctuating prices.
ET Intelligence Group: The trend in the September quarter results season so far is marked by robust double-digit growth in revenue and net profit. The impact of input cost inflation has been offset to some extent through higher product pricing and focus on premiumisation. Sectors including automobiles, banking and finance, capital goods, and metals reported double-digit revenue and profit growth whereas cement, IT, and pharmaceuticals showed weakness.
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Economic Times
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