India’s Nifty 50 reports a 10-quarter high in net profit growth in Q1FY27, according to NDTV. The gains are not evenly spread across constituents: five companies account for most of the incremental earnings, while several others contribute negatively.

NDTV says that ONGC, Hindalco Industries, Reliance Industries, JSW Steel and Bharti Airtel together generate 60% of the incremental earnings of the index. At the same time, companies including InterGlobe Aviation, ITC, Dr. Reddy’s Laboratories, Tata Motors Passenger Vehicles and Cipla drag down Nifty earnings in the quarter.

The outlet frames the result as a concentration of performance among a limited set of large firms, with weaker contributions from specific sectors and companies offsetting part of the overall improvement. Across the provided coverage, the focus is on the index-level growth figure and the contribution breakdown by individual constituents rather than on broader macroeconomic drivers or policy changes.