Nifty 50 profit growth hits 10-quarter high, lifting FY27 outlook

Big companies in India that are part of an index called the Nifty 50 did really well in the April-to-June months.

They made 18 per cent more profit than they did in the same time last year.

That is the biggest jump they have had in two-and-a-half years.

Many banks and companies that sell metals, paints, jewellery and everyday goods did well.

Experts called the results 'picture perfect'.

They now think these companies will keep doing well through the next financial year.

People buying more during festivals and after tax changes are helping.

Some companies, however, are spending more on raw materials, shipping and wages.

Companies that sell fuel were the biggest worry because oil prices went up a lot.