Indian firms face faster profit growth in Q2
Indian companies are projected to report accelerated September quarter profit growth driven by resilient domestic demand and festive inventory build up despite global headwinds.
Xurve View
Insights:
Xurve View
India's corporate net profit is projected to jump 20% year-on-year in the September quarter, outpacing the 18% growth seen in the previous period. The acceleration comes despite foreign investors pulling capital at a record pace and rural demand pressures. Strong domestic momentum and early festive inventory builds are shielding broader earnings from global headwinds.
