India Inc's Q2FY25 numbers show growing dependence on BFSI sector

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For context, the sector had accounted for 57.

This was also significantly higher than the sector’s 23.6 per cent average contribution to overall corporate profits in the past 10 years, excluding the Covid-19 period, when the BFSI share rose sharply amid a shutdown of most non-financial economic activities.

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Article Details

Category: BusinessFinance

Markets: India

Topics: BFSI Earnings Economy Q2 results

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-18 @ 23:13:49 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 114 words

Reading Time: 1 minutes read

Sentences: 5 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23668512

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Main Topics: BusinessFinance

Official Website: business-standard.com

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Year Established: 1975

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Coverage Areas: India

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