2 weeks ago
India's corporate sales rise 24% in Q1 FY27
During the first three months of the new financial year, many big companies in India sold a lot more stuff than they did the year before.
Their combined sales went up by 24 percent.
That means people and businesses were still buying plenty of goods, even though the world had some problems.
Some kinds of companies did especially well.
Diamond and jewellery sellers grew the fastest, followed by trading companies and carmakers.
Earning money got a little harder, though, because the raw materials companies need became more expensive.
Companies could not always charge customers higher prices to cover those extra costs.
So their profit margins became a bit thinner than last year.
Even so, companies still made more profit overall than before, and a research group called SBI Research thinks India's economy grew by about 8 percent during that time.
Net sales of 2,257 listed non-BFSI companies rose 24% year-on-year in Q1 FY27, with sales, EBITDA and PAT all growing.
Diamond, Gems & Jewellery recorded the strongest sales growth at 45%, followed by Trading at 40% and Automobiles at 30%.
Chemicals posted the highest PAT growth at 64%, followed by Textiles at 63% and Diamond, Gems & Jewellery at 60%.
Aggregate EBITDA margin fell to 14.9% in Q1 FY27 from 16.8% in Q1 FY26, mainly due to higher input costs.
SBI Research's August 15 report projected real GDP growth of 8% for Q1 FY27.
- Who
- SBI Research and the 2,257 listed non-BFSI companies it analysed
- What
- Corporate net sales rose 24% year-on-year in Q1 FY27, with sales, EBITDA and PAT all growing, while aggregate operating margins moderated due to higher input costs
- Where
- India
- When
- Q1 of FY27, with the SBI Research report published on August 15
- Why
- Resilient domestic demand and supportive corporate activity despite persistent global uncertainties and cost pressures
Key facts
- Sales growth (YoY)
- 24%
- Companies analysed
- 2,257 listed non-BFSI companies
- Top sales growth sector
- Diamond, Gems & Jewellery at 45%
- Highest PAT growth sector
- Chemicals at 64%
- EBITDA margin Q1 FY27
- 14.9%, down from 16.8% in Q1 FY26
- GDP growth projection (Q1 FY27)
- 8%
- Report source
- SBI Research, August 15 report











