India's top companies best quarter in 3 years, profits 25%

Business Nov 06, 2026

India's top companies just had their best quarter in three years, with profits jumping 25% from July to September.

Out of 1,505 firms tracked, two-thirds saw growth, and even 145 companies bounced back from losses.

This marks a strong recovery after some shaky quarters.

India's cyclical sectors drove 78% gains

Most of the profit boost came from cyclical sectors like metals, oil and gas, and financials: they made up 78% of the gains.

Meanwhile, small-cap companies really outperformed, posting a massive 39% profit jump compared to 23% for larger firms.

All in all, it was a big win for sectors that tend to rise and fall with the economy.