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Sunday, August 14, 2022

Higher cost pressure mars Q1 show for India Inc

With softening commodity prices and rising consumption, analysts expect the overall corporate performance to improve in the second half of the fiscal year. The aggregate revenue of a sample of 2,638 listed companies, excluding banking and finance firms, increased by a four-quarter high of 41.5% on-year in April-June. But growth in net profit was at a four-quarter low of 15.1%

from Economy-News-Economic Times https://ift.tt/6lhMxQN
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