Profitability Upswings
Several Indian companies announced their financial results for the quarter, and many demonstrated robust growth. BPCL saw a 62% surge in profit due to
strong refining margins, while JSW Energy's profit jumped 150% to reach ₹420 crore. Karur Vysya Bank also had a successful quarter, with its profit soaring 39% to ₹690 crore. DCB Bank's profit increased by 22% to ₹185 crore, and Premier Energies experienced a 54% jump, achieving a profit of ₹391 crore. Granules India reported a 28% increase in profit. These figures reveal the strong performance of various businesses across the country. Conversely, IndusInd Bank's Q3 profit dropped by 90% due to MFI stress.
Investment & Expansion
Significant investments and expansions are occurring across multiple sectors. Neolite ZKW is investing ₹100 crore in a facility located in Pune. Milky Mist plans to invest ₹1,130 crore in a new plant in Maharashtra, indicating confidence in the dairy sector's expansion. Saint-Gobain is increasing its investments in its Indian operations. Barista Coffee aims to grow its presence, planning to have 900 stores open by 2030. Aimtron Electronics is seeking $30 million from an ICS acquisition, demonstrating the focus on technological advancements. Moreover, several companies are seeking to raise capital through Initial Public Offerings (IPOs). Infra.Market, Purple Style Labs, and Pride Hotels have all received approvals to launch IPOs.
Government Initiatives
The government is actively involved in stimulating economic activities through several schemes. The PLI Scheme (Production-Linked Incentive) has already selected five white goods firms, showing the push towards domestic manufacturing. The government is also looking at significant infrastructure projects such as the target of 100 GW hydro pump storage, which requires an investment of ₹5.8 lakh crore. Furthermore, the Digital Climate Atlas was launched to assist climate resilience, demonstrating the focus on environmental sustainability. The government's initiatives extend to creating better conditions for MSMEs, for example, Uttar Pradesh has identified land for them in 14 districts.
Market Dynamics & Trends
Several financial and market trends have emerged. RBI has injected ₹2 lakh crore liquidity into the system. States' fiscal deficit widened to 3.3% in FY25. White-collar hiring remained strong in the first half of 2026, according to surveys. The Indian aviation sector is also witnessing developments. IndiGo launched direct flights between Mumbai and Athens, highlighting the growth in international routes. Additionally, the potential of the Indian aviation sector was emphasized at the Davos summit. The EU is also assessing the impact of duty suspension on Indian exports, and there is a keen interest in foreign investments, with India FDI surging 73% to $47 billion in 2025 according to a UN report.
Sector-Specific Highlights
Specific sectors showcase diverse performances. The power sector saw some important developments, with Torrent Power topping discom rankings and PTC India facing potential leadership changes sought by the Power Ministry. In the technology realm, Supervity AI is establishing an AI GCC hub in Mumbai, while HCLTech acquired Finergic Solutions for ₹136 crore. Furthermore, the partnership between CANEUS and Maharashtra for an innovation institute is another positive step. The inland waterways are also being transformed in India, as highlighted by Sonowal. Additionally, the Indian presence at the WEF meeting in Davos offered hope amidst global caution, with Kerala signing an investment of ₹1.18 lakh crore.
