India Inc clocks strongest revenue growth in 9 quarters; margins squeezed by rising costs
In the June quarter, Indian companies celebrated remarkable revenue growth, reaching a nine-quarter high.
Despite this, profits grew by only eleven percent, largely due to rising input costs.
Key sectors such as auto, banking, metals, and pharma played a pivotal role in this expansion.
Notably, small and midcap firms showcased impressive earnings per share.
Looking ahead, revenue is anticipated to gain momentum from upcoming festivals and premiumization strategies.
5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on economictimes.indiatimes.com — the content belongs to The Economic Times.
