New Delhi, July 9 -- Against the backdrop of war and global uncertainty, expectations for the first quarter of FY27 were grim. Yet, India's blue-chip companies may be on track for their strongest top line performance in almost three years, driven largely by higher commodity prices, selective price hikes and a favourable base.

Projections from brokerages Mint reached out to show that the top line of the Nifty 50 companies is expected to grow about 17% year-on-year in the three months ended June, almost thrice the pace in Q1 of FY26.

However, their profits won't mirror this performance. Profit growth is expected to edge up to 9% from 7.5% a year ago, with higher crude oil prices inflating input costs and keeping the bottom-line growth sub...