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Monday, October 26, 2026Updated 07:44 UTC

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Double-digit growth seen on corporate scoreboard in Q2, but bank, IT, pharma lag

Source: Economic Times · Oct 26, 2026 00:56 UTC

Downtown Atlanta office towers and skyline seen from above — File photo Carol M. Highsmith / Library of Congress · Public domain · Source

The Quick Take

September quarter earnings exhibited significant revenue and profit growth for various companies in key sectors. Revenue rose by 22.1% with net profit increasing by 27.5%, surpassing the previous quarter. However, banking, IT, and pharmaceuticals sectors experienced a slow down in growth rates. Excluding lending, operating margins improved, indicating stronger performance in non-banking sectors. A

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