India Inc Q2 earnings: Revenue grows 6%, says Crisil report; notes slower growth in IT, steel
India Inc. saw revenue grow by up to 6% in the July-September quarter, driven by sectors like cement, pharma, and telecom. However, profitability faced pressure as companies struggled to pass on higher input costs, leading to a likely 0.50-1% fall in operating profit margins year-on-year.🕒 1 min read
India Inc. saw revenue grow by up to 6% in the July-September quarter, driven by sectors like cement, pharma, and telecom. However, profitability faced pressure as companies struggled to pass on higher input costs, leading to a likely 0.50-1% fall in operating profit margins year-on-year.
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