{
  "id": 1531428,
  "title": "Nifty Companies Report 18% Profit Growth In Q1 FY27, Highest In 10 Quarters: Report",
  "url": "https://urgent.news/2026/08/17/nifty-companies-report-18-profit-growth-in-q1-fy27-highest-in-10",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-17T17:20:20.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/business/nifty-companies-report-18-profit-growth-in-q1-fy27-highest-in-10-quarters-report"
  },
  "original_language": "en",
  "account": "New Delhi, August 17 - Nifty companies reported an 18% year-on-year increase in profit after tax (PAT) for Q1 FY27, marking the highest growth in 10 quarters, according to a report by Motilal Oswal Financial Services. The report highlighted that the growth was broad-based, with 19 sectors exceeding expectations. The earnings upgrade-to-downgrade ratio turned positive at 1.5 times. The top 5 contributors to Nifty 50 earnings accounted for 60% of the earnings increase. Apart from the Nifty 50, companies excluding oil marketing companies (OMCs) also recorded strong performance, with an 18% growth in sales, 15% growth in EBITDA, and 22% growth in PAT. Financials, metals, oil & gas (excluding OMCs), technology, and telecom played key roles in the growth. Mid- and small-cap companies also delivered a strong quarter, with the latter growing by 31%, well above the estimated 22%. Nearly half of the companies in the brokerage's coverage universe beat PAT estimates, with 48% exceeding forecasts and 25% missing. Large-cap earnings grew by 21% YoY, while mid-cap earnings rose by 23%, marking an 11-quarter high. Small-cap earnings grew an even stronger 31%, led mainly by financials and oil & gas. The outlook for earnings is improving, with 130 companies seeing earnings upgrades of more than 3%, compared to 89 companies that saw downgrades of over 3%, resulting in a 1.5-fold upgrade-to-downgrade ratio. This improvement led to a modest upward revision in Nifty 50 earnings expectations. The FY27 Nifty EPS estimate was raised by 0.6% to Rs 1,232, while the FY28 estimate was raised by 0.3% to Rs 1,425 from Rs 1,422.",
  "summary": "New Delhi, Aug 17: Nifty companies reported 18 per cent year-on-year growth in profit after tax (PAT) in Q1 FY27, the highest growth in 10 quarters, a report said on Monday. The report from Motilal Oswal Financial Services said the strength was broad-based, with 19 sectors exceeding expectations and the earnings upgrade-to-downgrade ratio turning positive at 1.5 times. The top 5 contributors to…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}