Public sector undertakings (PSUs) have demonstrated significant financial improvement, with their share of net profit in the ET 500 rankings expanding sharply to 30.7% in FY25 from 17.9% in FY19. PSUs also outpaced non-PSUs in sales and profit growth, showcasing a robust financial turnaround.
Swarup Mohanty on cycles, conviction and the rise of midcaps
Swarup Mohanty of Mirae Asset highlights a year of shifting market dynamics, where traditional assumptions are being challenged. The firm has evolved into a diversified