Archive · 28 Nov 2025
Mixed Financial Results Across Sectors
Indian companies in different sectors like FMCG, banking, and cement are reporting mixed results.
FMCG companies are making more money by raising prices, even though some products are selling less.
Banks are seeing small profit increases, with public banks doing better than private ones.
Cement companies are doing well because of higher prices and more sales, but they had some problems because of the monsoon and tax changes.
Overall, companies are trying to manage costs and prices to keep profits up.
India's FMCG companies grew revenues by 6% year-on-year, driven by price hikes rather than increased volume.
Scheduled Commercial Banks (SCBs) saw a 1.4% year-on-year increase in net profit, with public sector banks performing better than private sector banks.
Cement producers reported a 41% year-on-year increase in Ebitda per tonne, driven by higher prices and sales volumes.
FMCG companies experienced volume declines in oral care and seasonal categories due to weather and GST adjustments.
Banks faced margin pressures due to rate cuts and slower corporate loan demand, while cement companies dealt with seasonal demand dips and GST-related disruptions.
- Who
- Indian FMCG companies, commercial banks, and cement producers
- What
- Mixed financial results with revenue growth driven by price hikes and volume declines in some sectors
- When
- During the latest quarter, with expectations for potential recovery in the third quarter of FY26
- Where
- India
- Why
- Due to price increases, reduced provisions, controlled operating expenses, and improved cement prices and volumes
- FMCG Revenue Growth
- 6% year-on-year
- FMCG Volume Growth
- 2% year-on-year
- FMCG Gross Margin Contraction
- 1.7% year-on-year
- Banking Sector Net Profit Growth
- 1.4% year-on-year
- Public Sector Banks Profit Growth
- 4.7% year-on-year
- Private Sector Banks Profit Decline
- 2.1% year-on-year
- Cement Industry Ebitda Growth
- 41% year-on-year
- Cement Industry Volume Growth
- 7% year-on-year
