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Agriculture propels Indian firms’ Q2 earnings as overall profits climb 15%

Corporate earnings in India surged during the September quarter, driven by exceptional agriculture output and manufacturing efficiency that lifted profits despite uneven global demand conditions.
India’s listed companies reported a 15.16% year-on-year rise in net profit and 5.08% revenue growth for the September 2025 quarter, led by strong performances in agriculture and manufacturing. Nifty 50 firms recorded 4.91% higher revenue and 3.46% net profit growth, according to market data. The agriculture sector delivered standout gains with 64.47% revenue expansion and 279% profit increase. Market analysts attributed the improvement to cost optimization, improved supply chains, and a stable pricing environment supporting sector-wide profitability.