According to a report released on Friday, India’s publicly listed companies are anticipated to achieve a nine percent increase in revenue for the second quarter of FY26. Both EBITDA and PAT are also projected to grow by nine percent. This growth is primarily driven by the robust performance of oil marketing companies (OMCs), though it faces some challenges from the banking, financial services, and insurance (BFSI) sectors, as per Equirus Securities’ forecast. Mid-cap companies are likely to show substantial earnings growth in the high teens, outperforming both large and small caps, while sales growth is expected to remain consistent across all categories.
When excluding the BFSI sectors, EBITDA and PAT are estimated to grow by 16 percent and 19 percent, respectively. In the absence of OMCs, EBITDA and PAT growth projections are reduced to 6 percent and 5 percent.
