How have Indian commodity producers performed?

Energy-intensive commodity producers, such as steelmakers, cement firms, and oil-marketing companies, have managed to achieve double-digit profit growth, benefiting from lower energy costs.

What is the current state of corporate India's financial performance?

Listed Indian companies have faced continued challenges, with single-digit revenue growth and contracting core earnings for the second time in four quarters.

Home / Business and Economy / Corporate India Grapples with Profit Contraction and Tariff Woes

Corporate India Grapples with Profit Contraction and Tariff Woes

Q: What is the impact of the 50% US tariff on Indian goods?

The 50% US tariff on Indian goods is expected to further strain the performance of many Indian companies in the coming quarters.

17 Aug

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Summary

Listed companies see single-digit revenue growth for 9th consecutive quarter
Core earnings contract for 2nd time in 4 quarters
Commodity producers like steelmakers, cement firms see double-digit profit growth

Corporate India Grapples with Profit Contraction and Tariff Woes

As of August 17, 2025, the corporate landscape in India remains challenging, with listed companies struggling to maintain momentum. For the ninth consecutive quarter, in the April-June 2025 period (Q1FY26), these firms witnessed only single-digit revenue growth. Moreover, their core earnings, excluding other income and one-time gains, contracted for the second time in the past four quarters.

This broad-based weakness, however, was not universal. Energy-intensive commodity producers, such as steelmakers, cement firms, and oil-marketing companies, managed to buck the trend. Benefiting from lower energy costs, these firms were able to achieve double-digit profit growth despite the broader headwinds.

The challenges facing corporate India come as the country braces for the impact of a 50% tariff imposed by the United States on Indian goods. This additional burden is expected to further strain the performance of many Indian companies in the coming quarters.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.