Sales Rise ~20% While PAT Rises ~7%
On an aggregate basis, companies that have reported results so far have delivered 19.9% year-on-year sales growth. Profit after tax, or PAT, has increased by 6.9% compared with the same quarter last year.
Finance Sector Continues to Shine
The financial sector has seen the highest number of companies reporting results so far. Ninety-one finance companies have announced their June quarter earnings, with the sector posting 19.1% sales growth and 36.1% profit growth year-on-year.
Banks have also reported a healthy quarter. Out of 41 banks in the tracker, 37 have declared results. The sector has delivered 6.6% sales growth and 27.8% growth in profit compared with the same period last year.
Chemicals & Petrochemicals Lead Profit Growth in Q1
Among sectors where companies have already reported earnings, Chemicals & Petrochemicals has recorded the highest profit growth at 2,235.5% YoY. It is followed by Other Construction Materials, where profit has jumped 2,053.1%.
Top 10 Sectors by Profit Growth (YoY)
| Rank | Sector | Profit Growth |
|---|
| 1 | Chemicals & Petrochemicals | 2,235.5% |
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| 2 | Other Construction Materials | 2,053.1% |
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| 3 | Diversified | 508.1% |
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| 4 | Printing & Publication | 237.0% |
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| 5 | Healthcare Equipment & Supplies | 236.8% |
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| 6 | Textiles & Apparels | 228.0% |
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| 7 | Non-Ferrous Metals | 144.9% |
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| 8 | Paper, Forest & Jute Products | 110.3% |
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| 9 | Telecom Equipment & Accessories | 96.7% |
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| 10 | Commercial Services & Supplies | 87.2% |
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Metals and Minerals Profit Drops Over 260%
Not every sector has seen a strong quarter. The metals & minerals trading sector’s profit has fallen by 261.7% YoY. Oil and petroleum products have also seen a terrible quarter despite reporting an increase in sales.
Sectors with Weakest Profit Growth (YoY)
| Rank | Sector | Profit Growth |
|---|
| 1 | Metals & Minerals Trading | -261.7% |
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| 2 | Transport Services | -95.1% |
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| 3 | Oil | -91.3% |
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| 4 | Household Products | -79.1% |
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| 5 | Petroleum Products | -73.2% |
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| 6 | Entertainment | -61.4% |
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| 7 | Cigarettes & Tobacco Products | -41.6% |
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| 8 | Pharmaceuticals &
Biotechnology | -27.10% |
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| 9 | Insurance | -15.4% |
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| 10 | Cement & Cement Products | -9.0% |
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Revenue Remains Healthy
Revenue has been excellent for most industries even though their profitability has been quite erratic.
In the non-ferrous metals industry, the revenue growth rate is 74.9%. In the Realty sector, the revenue growth has been 56%, while in retailing it has been 51.5%.
Best Revenue Growth (YoY)
| Rank | Sector | Sales Growth |
|---|
| 1 | Non-Ferrous Metals | 74.9% |
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| 2 | Realty | 56.0% |
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| 3 | Retailing | 51.5% |
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| 4 | Metals & Minerals Trading | 47.7% |
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| 5 | Automobiles | 44.0% |
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| 6 | Electrical Equipment | 37.9% |
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| 7 | Petroleum Products | 33.7% |
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| 8 | Aerospace & Defence | 31.4% |
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| 9 | Commercial Services & Supplies | 30.4% |
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| 10 | Chemicals & Petrochemicals* | 27.9% |
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Sectors Reporting Weak Revenue Growth
A few sectors have struggled to report healthy revenue growth during Q1.
Household Products has reported the weakest sales performance, with revenue declining 40.7% YoY. Cigarettes & Tobacco Products, Other Construction Materials, and IT Hardware have also reported lower sales compared with the same quarter last year.
Weakest Sales Growth (YoY)
| Rank | Sector | Sales Growth |
|---|
| 1 | Household Products | -40.7% |
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| 2 | Cigarettes & Tobacco Products | -18.1% |
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| 3 | Other Construction Materials | -11.3% |
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| 4 | IT - Hardware | -10.6% |
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| 5 | Agricultural Food & Other Products | 2.2% |
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| 6 | Healthcare Services | 2.6% |
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| 7 | Printing & Publication | 2.7% |
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| 8 | Diversified FMCG | 5.0% |
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| 9 | Pharmaceuticals & Biotechnology | 5.6% |
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| 10 | Construction | 6.0% |
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What Does the Early Trend Suggest?
At this stage, one in every eight companies has reported earnings so far, which means it is still early to draw broad conclusions for the quarter. Even so, the initial numbers tell a mixed story.
Revenue growth has remained healthy across many industries. However, profit growth has not kept pace with the revenues.
It is anticipated that in the coming days, the earnings reporting season will gain momentum. As per SEBI’s LODR Regulations, 2015, listed entities are mandated to file their quarterly financial results within 45 days after the closure of the quarter. Therefore, for the quarter ending June 30, 2026, the deadline will be August 14, 2026.
This implies that more than 5,400 companies are yet to release their June quarter results in the next two weeks.
Q1 Results Today
Over 100 companies, led by Tata Steel, Bajaj Finance, Vedanta, M&M, Swiggy and Hyundai Motor India, will announce Q1 FY27 earnings on July 30.
