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Business Jun 27, 2025

India Inc bounces back with 7.2% sales growth

India's top listed companies saw their sales grow by 7.2% in FY25, up from 4.7% last year, according to RBI data.
This signals a solid comeback, thanks to a broad-based if uneven recovery, despite challenges such as rising input costs.

TL;DR

Key sectors driving growth

Manufacturing grew by 6%, led by autos, electrical machinery, food, and pharma—even as petroleum and steel lagged due to price swings and weak global demand.
On the flip side, IT services rose 7.1%, while non-IT services like telecom and logistics scored double-digit growth.

Profit margins dip slightly

Manufacturers had to deal with pricier raw materials (up 6.6%) and higher wages (up 10%), which squeezed profit margins down slightly to 14.2%.
Service sectors also felt the pinch from rising staff costs—especially outside IT.

Real pulse check for India's economy right now

This snapshot covers nearly 4,000 companies—so it's a real pulse check for India's economy right now.
If you're curious about where jobs or business opportunities are headed, these trends are worth keeping an eye on!