New Delhi, Feb. 18 -- In the first nine months of the current financial year, profit growth has slowed in sectors that were among the fastest-growing in FY24, says a report by Nuvama.

The report highlighted that some of the fast-growing domestic sectors of FY24--such as automobiles, consumer services, airlines, industrials, cement, and banks--have slowed down in FY25. On the other hand, sectors like consumer durables, FMCG, chemicals, and power have seen an improvement in revenue, mainly due to a lower base effect.

It said "In 9MFY25, we observed a slowdown in profit in the faster growing segments of FY24... Some fast-growing domestic sectors of FY24 such as autos, consumer services, airlines, industrials, cement and banks, have slowed ...