India’s corporate sales surged 22.18% in June 2026, but employee costs rose only 9%. Among 3,057 non-finance firms, mining showed stark divergence: sales up 40.83%, wages just 1.04%. AI adoption and restrained hiring let firms boost profits while suppressing pay. Experts warn wage growth may lag for several more quarters despite rising output.
Business
Corporate Profits Are Soaring, But Worker Wages Are Stagnant
