Mumbai: Aggregate earnings of companies in the Nifty-500 universe grew 15 per cent in Q2 FY26, the highest in five quarters, despite geopolitical headwinds and weak consumption trends, a report said on Thursday.

Oil and Gas stocks, led by OMCs, contributed significantly to this surge with their EBITDA and PAT up 48 per cent and 59 per cent, the report from brokerage Motilal Oswal Financial Services (MOFSL) said.

Excluding metals, oil and gas stocks, aggregate earnings of the Nifty 500 universe grew only 9 per cent (on-year).

Excluding financial stocks, the Nifty 500 universe reported aggregate earnings up 20 per cent YoY.

The sales, EBITDA and adjusted PAT grew to about Rs 35 trillion, Rs 8 trillion, and Rs 4 trillion, respectively, up 8 per cent, 12 per cent and 15 per cent year on ye

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