Q1 earnings review, Aug. 4 -- The June 2025 quarter earnings season for Nifty 50 companies has so far delivered a largely in-line performance, with the majority of results reflecting broader economic and sectoral trends.

As of now, 36 of the 50 Nifty constituents have reported their results, covering a wide range of sectors including BFSI, IT, oil & gas, FMCG, capital goods, pharma, and insurance. Despite some mixed outcomes, brokerages say the current earnings cycle appears to be stabilising after a period of downgrades and volatility.

The earnings growth in the first quarter of FY26 was powered by key sectors such as BFSI (4% YoY), Technology (7%), Oil & Gas (7%), Cement (47%), and Utilities (13%). These five sectors alone accounted f...