It was feared that Q2 corporate profits would take a hit on account of two factors: the additional tariffs (26 per cent to 50 per cent) imposed by the US and the holding back of consumption in anticipation of GST cuts (which came into effect late September). But actually, Q2 turned out to be a decent quarter for India Inc.

This newspaper’s analysis of 2,418 companies which have announced their Q2 results so far shows that India Inc. posted an improvement in both revenue and profits at an aggregate level. Revenue grew 8.7 per cent in Q2 compared to the corresponding quarter in FY25. This betters the sluggish 6.5 per cent growth recorded in the first quarter of FY26. Net profit was up 15.7 per cent, registering a robust increase from the 10 per cent growth in the first quarter; operating ma

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