BSE500 firms log strongest revenue growth in 13 quarters

The Indian industry posted its strongest revenue growth in over three years in the March quarter, driven by higher demand across sectors. Net profit of BSE500 companies rose nearly 11% YoY, the strongest growth in four quarters, while revenue climbed 15.2% YoY in 13 quarters. However, rising costs continued to pressure profitability, with total expenditure increasing 14% during the quarter.