Mid-cap firms show accelerating growth across technology, pharma, and telecom in Q1 FY27

Several mid-cap companies report robust growth in revenue and profit in the June quarter, highlighting a broad-based momentum across diverse sectors including technology, pharmaceuticals, electronics manufacturing, and telecom infrastructure.

Several mid-cap companies have emerged from the June quarter with results that point to strong underlying demand, better operating leverage and improving execution. Trade Brains highlighted four names that reported year-on-year growth of more than 50% in both revenue and net profit, a sign that momentum is not limited to one sector but is spreading across technology, pharmaceuticals, electronics manufacturing and telecom infrastructure.

Among the standout performers, Netweb Technologies India drew particular attention for its steep rise in sales and profit. According to the company’s Q1 FY27 figures, revenue climbed to ₹819.68 crore from ₹301 crore a year earlier, while profit after tax rose to ₹85.32 crore from ₹30.5 crore. Sahi.com reported that operating profit margin held at 14.70%, supported by demand for high-performance computing and artificial intelligence systems. The company’s order book stood at ₹25,069.35 crore as of June 30, 2026, suggesting a strong pipeline for future quarters. Netweb has also said it sees room for growth from domestic demand before broadening exports, with AI expected to account for around 35% of business over time.

Neuland Laboratories delivered one of the sharpest profit jumps in the group. Trade Brains said revenue more than doubled to ₹642 crore, while operating profit surged and net profit rose to ₹148 crore from ₹14 crore a year earlier. The company, which makes active pharmaceutical ingredients and provides custom manufacturing services, has benefited from its exposure to regulated markets and complex chemistry work. Management has cautioned, however, that performance can be lumpy from quarter to quarter, and has framed its five-year growth ambitions as aspirational rather than linear.

Syrma SGS Technology also posted a strong quarter, with revenue rising to ₹1,589 crore from ₹944 crore and net profit increasing to ₹106 crore from ₹50 crore. The electronics manufacturing services company continues to gain from demand across automotive, industrial, healthcare and consumer electronics applications. HFCL rounded out the list with equally eye-catching numbers: revenue rose to ₹1,915 crore from ₹871 crore, operating profit jumped sharply and the company moved from a loss of ₹29 crore to a profit of ₹246 crore. Its business spans optical fibre cables, telecom equipment and digital infrastructure, with expansion into 5G, defence electronics and export markets helping support the turnaround.

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