New Delhi, Feb. 25 -- A persistent slowdown in revenue growth was evident in the December quarter (Q3FY25) earnings, reflecting subdued demand even as profit growth accelerated, a Mint analysis of 3,577 BSE-listed companies showed.

Year-on-year revenue growth sharply decelerated to 4.4% in Q3, down from 7.3% and 9.1% in the previous two quarters. In contrast, net profits for the sample surged 12.4%, outpacing the 8.7% growth seen in the preceding quarter, widening the disconnect between topline and bottomline performance.

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This growing gap between sluggish revenue and rising profitability raises concerns about whether the current profit momentum is sustainable....