Even as worries about the global economy mounted, India registered steady growth in FY26. GDP rose 7.7%, led by trade, hotels, transport, communications and services.

Corporate profit margins hit their highest level in over five years in Q4FY26. Employee and interest costs fell, helping offset higher raw material prices. 

Dhananjay Sinha, Co-head of research and equity strategy at Systematix Institutional Equity, said, “Companies have cut operating and borrowing costs due to higher global economic pressures.”

Upbeat consumer spending showed up across jewellery, beauty and housing despite higher prices, while renewable energy and infrastructure investments lifted industrial companies.

Quick commerce, online platforms and wider distribution helped businesses grow faster during FY26. In this edition of Chart of the Week, we look at the companies that reported strong FY26 revenue growth across sectors.

Jewellery, beauty and retail brands expand market share

Higher gold prices did not slow jewellery demand in FY26 as organised retailers gained share from smaller stores, and buyers dropped cash on weddings and premium collections. The textiles, apparels and accessories sector’s revenue grew 53.8% during FY26, while net profit rose 32.5%.

Titan’s revenue grew 44.6%, while net profit surged 52% as exchange-led purchases and studded jewellery sales remained strong. Managing Director Ajoy Chawla said, “Studded jewellery contributed 34% of jewellery sales during the year.”

Kalyan Jewellers expanded aggressively outside South India with revenue growing 42.7% as the company entered newer markets. Net profit jumped nearly 89%.

Lenskart’s revenue grew 28.2% in FY26 as the company opened stores in smaller cities and introduced premium eyewear. Products priced above Rs 10,000 contributed over 20% of India revenue, helping net profit jump nearly 67%.

Consumer spending was strong across beauty and organised retail through FY26. The retailing sector’s revenue grew 31.7% during the year, while net profit rose 58.4%.

Nykaa crossed the Rs 10,000 crore revenue mark with sales rising 26%, while beauty customers doubled to 45 million over the last three years. Net profit surged 3x thanks to higher-margin beauty products.

Digital marketplace CarTrade Tech’s revenue grew 22.3% during FY26 as used-car auctions and online auto classifieds saw more buyer activity. Higher transaction volumes helped net profit jump 65.6%.

Vishal Mega Mart’s revenue grew 20.6% and net profit rose 32.8% during FY26. The company added 105 stores and entered 77 new cities, and private labels contributed over 74% of revenue. Managing Director and CEO Gunender Kapur said, “Same-store sales growth reached 11% during FY26.”

Large launches drive housing sales across major cities

Real estate companies reported revenue growth of nearly 22% in FY26. Net profit rose 25.9% as premium launches across Bengaluru, NCR and Mumbai drew buyers.

Large launches across major cities pushed Prestige Estates’ revenue up 70.6%, while net profit grew 2.6x during FY26. Executive Director Zayd Noaman said, “Our maiden NCR residential launch generated over Rs 9,500 crore in sales from a single project alone.”

Sobha’s revenue rose 29.3% as premium housing sales stayed strong in Bengaluru, while NCR sales increased after its Greater Noida expansion. Together, both regions contributed about 80% of total sales. Net profit more than doubled during FY26.

Anant Raj’s revenue grew 22.8% as premium housing and data-centre projects picked up pace through FY26, while net profit rose 30.3%.

Solar demand and infrastructure spending lift industrial companies

Domestic solar orders picked up through FY26, lifting growth for consumer durable companies. The sector’s revenue grew by 17.7% during FY26.

Waaree Energies’ revenue rose 83.5% as module production jumped 77% and retail solar revenue grew 84% during FY26. Higher factory use helped Waaree nearly double net profit. Emmvee Photovoltaic also delivered bumper results, doubling revenue after expanding domestic solar manufacturing capacity. The company closed the year with a 9.4 GW order book, while net profit surged 2.9x.

HBL Engineering’s revenue rose 68.7% as railway electronics and Kavach safety-system orders grew through the year. Faster railway projects helped net profit nearly triple.

General industrial companies rode renewable-energy investments, transmission projects and infrastructure spending during FY26. The sector reported revenue growth of 14.7%, while net profit rose 2.7%.

Suzlon’s revenue rose over 53% as utilities and industrial users placed more renewable-energy orders through FY26. Higher wind turbine deliveries and faster project deliveries helped net profit rise 52.7% during FY26.

GE Vernova T&D India gained from rising transmission investments. Order backlog rose 49% to Rs 21,460 crore during FY26, while revenue grew 44.6% and profit more than doubled.

PTC Industries also reported strong aerospace and defence demand with revenue rising 88% and net profit growing 66.4%.

Travel, quick commerce and branded foods fuel consumer spending

Weddings, business travel and premium room bookings kept hotels and tourism companies busy. The sector’s revenue grew 16% during the year, while net profit rose 39.6%.

Chalet Hotels’ revenue rose 60.3% during FY26, while net profit surged 4.5x as higher occupancy and premium room tariffs lifted margins. Managing Director and CEO Shwetank Singh said, "Hotel demand is rising faster than new room supply across key markets,” helping room rates stay high.

ITC Hotels benefited from travel and banqueting demand. Revenue grew 19.5%, while net profit rose 28.7% as higher room tariffs and management fees boosted profits. Jubilant FoodWorks’ revenue rose 16.7%, while net profit more than doubled, driven by 351 net store additions and higher online ordering.

Quick commerce and wider distribution helped FMCG brands reach more buyers through FY26. The sector reported revenue growth of 13.5%, while net profit rose 21.1%.

Patanjali Foods’ revenue grew 17.7%, while net profit rose 39.5%. Palm oil prices have jumped after Indonesia tightened export controls earlier in FY26. CEO Sanjeev Asthana said, “Branded edible oils accounted for around 75% of total edible oil sales and were the primary growth driver.”

Honasa Consumer, the parent company of Mamaearth, reported revenue growth of 15.4% during FY26 as skincare and newer brands gained market share. The Derma Co and Aqualogica helped skincare and newer brands grow 35% during the year. Net profit surged 2.8x as higher-margin skincare products made up a bigger share of sales.

Bikaji Foods’ revenue grew 14.7% as family packs, exports and quick commerce sales grew rapidly. Quick commerce sales nearly doubled during the year, while net profit rose 28.6%.

Companies that added capacity faster widened their lead during FY26. Strong consumer demand, market share gains and infrastructure spending drove revenue growth across sectors.