Indian companies saw strongest earnings growth in eight quarters, with Nifty 500 up 19% year-on-year in Q3 FY26.

India Inc posted its strongest earnings growth in eight quarters during the third quarter of FY26, with Nifty 500 companies reporting a 19% year-on-year rise in earnings, driven by broad sectoral gains. Sales jumped 11%, the highest in 11 quarters, reaching Rs 36 lakh crore. Excluding financials, earnings grew 23%, and even without metals and oil & gas, growth remained strong at 15%. Key sectors like oil & gas, metals, capital goods, and telecom saw significant gains, while mid- and small-cap firms outperformed large caps.