Business Standard

Industrials' share of profit hits 10-year high amid commodity boom

This is on the back of a commodity cycle boom

indian economy
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Samie Modak Mumbai
The share of industrial companies in India Inc’s profit pool is approaching decadal highs, thanks to the commodity cycle boom. But it remains to be seen if the trend is sustainable or can be extrapolated into the increased contribution of the manufacturing sector to India’s gross domestic product (GDP).

According to an analysis done by ICICI Securities (ISec), the industrial sector accounted for 46 per cent of aggregate profits of Indian companies, up sharply from 36 per cent levels in 2016. It was slightly above 46 per cent in March 2012.

The trailing 12-month India Inc profit pool was Rs 11.3 trillion

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First Published: May 26 2022 | 11:30 PM IST

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