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Tea cos to witness 8% fall in revenue on decline in exports: Crisil Ratings

Tea cos to witness 8% fall in revenue on decline in exports: Crisil Ratings
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Indian tea companies likely to see 8% revenue degrowth this fiscal: Crisil

The tea industry in India is expected to register a 8 per cent degrowth in revenue this financial year, led by a decline in exports, according to Crisil Ratings.

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Footwear industry to record 11 per cent revenue growth this fiscal

Softening input cost and rising demand will help the footwear industry to record an 11 per cent growth in revenue this fiscal, says a report. Footwear demand is seen clipping at 4 percent this fiscal, Crisil Ratings said in the report Tuesday. Prices of key inputs such as ethylene vinyl acetate,

Gaurav aroraNitin kansalCrisil ratingsFootwear industry to record 11 per cent revenue growth this fiscal

Footwear industry to post ~11% revenue growth this fiscal on higher realisations, says CRISIL

Footwear industry to post ~11% revenue growth this fiscal on higher realisations, says CRISIL
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Footwear sector revenue set to rise by 11% in this fiscal: CRISIL, ET Retail

Footwear: The operating margin is expected to grow by approximately 125 basis points to around 9 per cent due to lower raw material prices, yet it will remain below the pre-pandemic levels of approximately 10 per cent, said the report.

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