#MintCharts | The combined revenue of the companies that have declared their December-quarter financial results so far has risen 18.1% year-on-year, while net profits have risen 16.2%, a Mint analysis showed.

Excluding the companies in the banking, financial services and insurance (#BFSI) sectors, the topline grew 5.3%, while profits were up 7.1%.

#MintCharts | The combined revenue of 1,779 BSE-listed companies that have declared their December-quarter financial results so far has risen 10.95% year-on-year, while net profits have risen 25.08%, a Mint analysis showed.

Excluding the 294 companies in the banking, financial services and insurance (#BFSI) sectors, the topline grew 5.29%, while profits were up 38.59%.

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#MintCharts | In 2023-24, banking, financial services and insurance firms (#BFSI) and the oil and gas sector contributed over half of India Inc.’s profits, a Mint analysis of 4,006 #BSE-listed companies showed. Together, their profit concentration jumped to at least an eight-year high.

However, while the BFSI segment’s profit share has surged rapidly in the last seven years, that of the oil and gas sector has shown a dip in the same period.

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