Economy · India
Indian Companies Report Mixed Financial Results for June Quarter
Several Indian companies have released their financial results for the first quarter of the fiscal year 2026-27. CreditAccess Grameen reported a 719.72% rise in consolidated net profit, while REC saw a 23% increase in profit quarter-over-quarter. Conversely, Ganesh Housing's net profit declined by 54.91%, and Moschip Technologies' profit fell by 77.56%. GHV Infra Projects Limited announced a 206% profit growth and secured a ₹1,250 crore contract. Meesho reported revenue of ₹3,712.8 crore, beating estimates.
How outlets across the spectrum covered it
Left 1 · Centre 5 · Right 2 n = 8
- Left (1): The Wire
- Centre (5): Business Standard, Mint, The Free Press Journal, The Print, The Times of India
- Right (2): Republic World, Swarajya
- International (3): Bloomberg, Reuters, The Guardian