Sector-Wise PAT Growth Analysis: Strong Performance in BFSI and Automobiles, Challenges for Media and Telecom
The NIFTY 500 Index has seen a strong overall PAT growth of 22% CAGR from FY19 to FY24, driven primarily by the BFSI sector with an exceptional 51% CAGR. Sectors like automobiles (23% CAGR) and utilities (19% CAGR) also showed significant gains. Conversely, sectors like media and telecom faced challenges, with negative growth or continued losses.