Crisil: India Inc revenue to grow 7% this fiscal
Crisil Intelligence reports that India Inc’s revenue is expected to increase by 6-7% this fiscal year, driven by reduced GST rates. While the rate cuts are anticipated to boost consumption, accounting for 15% of corporate revenue, the anti-profiteering rule may limit significant profit margin expansion for companies.
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Crisil Intelligence reports that India Inc’s revenue is expected to increase by 6-7% this fiscal year, driven by reduced GST rates. While the rate cuts are anticipated to boost consumption, accounting for 15% of corporate revenue, the anti-profiteering rule may limit significant profit margin expansion for companies.
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