Sector analysis · India

Sector analysis: which Indian sectors grew earnings in Q1 FY27

Each sector is its 20 largest companies by market cap as they stood at each quarter-end, so a company counts only in the quarters it was actually among them. Tap any cell to see the companies behind it and how each one grew.

Earnings growth, year on year

Q1 FY27: 17 of 22 sectors grew earnings year on year; fastest Metals & Mining +55%, slowest Oil, Gas & Consumable Fuels −44%.

Measure

Earnings EPS Price

Compared with

YoY QoQ

Each cell is the change in the combined owners' profit of the sector's top 20 companies, divided by the size of their combined base profit (a loss counts at its full size, so the figure stays finite). The ₹ figure under it is their combined net profit that quarter, in crore. Compared with the same quarter a year earlier. “x of y up” counts the companies whose figure rose. Latest quarter Q1 FY27, ended 30 Jun 2026.

≤ −40%−20%0+20%≥ +40% Blue is growth, red is decline, grey is about zero; the colour stops deepening at ±40%.

x of y reported provisional: not every company has filed yet

Earnings growth year on year for each sector's top 20 companies, by quarter, sectors in rank order
Sector, by rank	Q2 FY24	Q3 FY24	Q4 FY24	Q1 FY25	Q2 FY25	Q3 FY25	Q4 FY25	Q1 FY26	Q2 FY26	Q3 FY26	Q4 FY26	Q1 FY27latest	Last 4 quarters
1.Diversifiedonly 6 companies													3 of 4quarters up
2.Metals & Mining													4 of 4quarters up
3.Capital Goods													4 of 4quarters up
4.Telecommunication													3 of 4quarters up
5.Consumer Durables													4 of 4quarters up
6.Forest Materials													3 of 4quarters up
7.Consumer Services													2 of 4quarters up
8.Chemicals													3 of 4quarters up
9.Construction Materials													3 of 4quarters up
10.Textiles													1 of 4quarters up
11.Realty													4 of 4quarters up
12.Financial Services													4 of 4quarters up
13.Information Technology													3 of 4quarters up
14.Power													2 of 4quarters up
15.Construction													2 of 4quarters up
16.Healthcare													3 of 4quarters up
17.Fast Moving Consumer Goods													3 of 4quarters up
18.Automobile and Auto Components													3 of 4quarters up
19.Services													0 of 4quarters up
20.Media, Entertainment & Publication													1 of 4quarters up
21.Utilitiesonly 11 companies													0 of 4quarters up
22.Oil, Gas & Consumable Fuels													3 of 4quarters up

About these figures

Members: the 20 largest companies by market cap in each sector at the close of each quarter-end, with every listed share class of a company counted once. SME, REIT, InvIT and ETF listings are left out. A sector is today's classification, applied to every quarter.
Earnings: owners' profit as filed, including one-off items. The sector figure is the sum of the changes divided by the sum of the base profits taken at their full size, so a loss in the base cannot make it infinite.
EPS: restated to today's share count after bonuses and splits; the median uses only companies whose base EPS was positive.
Price: weighted by market cap at the start of the period, with membership fixed then, so a company that joined because its price rose does not inflate the return.
Each company-quarter is checked against a second source. Where the two disagree the figure is left out of the sector and marked; where only one source exists it is used and marked.