In Q1FY25, Bank and Auto stocks outperformed, while Infrastructure, Pharmaceuticals, and Metals lagged, resulting in modest 3% earnings growth. Revenue growth stayed at 9%. Real estate, pharmaceutical, and IT sectors highlighted notable revenue and profitability growth. Banks’ NIMs remained stable, and auto sales surged, especially in two-wheelers and commercial vehicles.
NBFCs turn top overseas borrowers in April with over $1.5 billion loans
Indian companies raised $2.92 billion through overseas loans in April, with NBFCs leading the way, securing $1.53 billion for on-lending and sub-lending. Shriram Finance topped
June 13, 2025