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Rising volume to lift bulk Indian drug makers revenue 6-8% this fiscal: Crisil

Rising volume to lift bulk Indian drug makers revenue 6-8% this fiscal: Crisil
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Paper makers expected to experience declining revenue: Crisil

As per IPMA's projection, India's paper consumption is poised to reach 30 million tons by March 2027, a promising sign that has seen many paper companies fortify their financial standing. However, a recent analysis by Crisil Ratings paints a different picture, suggesting an anticipated 8-10% revenue decline for paper manufacturers in the current fiscal year.

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Paper manufacturers could see 8-10% decline in revenue this fiscal: Crisil Ratings

Indian paper manufacturers are expected to experience a decline in revenue of 8-10% this fiscal year, compared to a growth of 30% last year, due to lower realizations and intense competition. However, volume is projected to increase by 5-7%. The packaging paper segment is the largest in India, followed by writing and printing paper. Crisil Ratings anticipates a 6-8% growth in packaging paper volume and a 3-5% growth in writing and printing paper volume.

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CRISIL Ratings: Revenue of paper makers to crumple 8-10% this fiscal

CRISIL Ratings: Revenue of paper makers to crumple 8-10% this fiscal
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Indian pharma industry aims for 8–10% growth with strong domestic and export sales to regulated markets

The sector is expected to experience a 50-100 basis points improvement in operating profitability, reaching approximately 21 per cent during this fiscal year

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