Nifty companies see marginal 4% rise in profits in Q2

Nifty 50 companies reported single-digit net profit growth for the second consecutive quarter in Q2 FY25, primarily due to weakness in the commodities sector. However, the second half of the fiscal year is expected to show improvement driven by government spending and improved rural demand.

Nov 18, 2024 - 06:00

Nifty companies see marginal 4% rise in profits in Q2

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Nifty 50 companies reported single-digit net profit growth for the second consecutive quarter in Q2 FY25, primarily due to weakness in the commodities sector. However, the second half of the fiscal year is expected to show improvement driven by government spending and improved rural demand.