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India Inc revenues to rise 8-10% in Q2, profit margins to also expand: Crisil

This will be the first time in four quarters that the revenue growth will see an increase, it said

India Inc revenues to rise 8-10 per cent in second quarter, profit margins to also expand: Crisil

India s corporate sector is expected to see an 8-10% increase in revenues for the September quarter, according to Crisil, the ratings agency. This would mark the first rise in revenue growth in four quarters. The automobile, construction, and IT services sectors are predicted to drive the growth. However, a decline in agri-linked sectors and industrial commodities is expected to impact the overall improvement.

India Inc revenues to rise 8-10% in Q2, profit margins to also expand: Crisil

India Inc revenues to rise 8-10% in Q2, profit margins to also expand: Crisil
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Steel prices to stay stable in FY 24

   business bureau domestic steel prices are expected to remain stable in the coming months of the current fiscal, backed by strong demand, rising coking coal prices and production-related dynamics in china, amid a slowdown in the glob

Steel prices to stay stable in FY24: Crisil

In its market intelligence and analytics report, Crisil expects flat steel to hover around Rs 59,000 per tonne and Rs 56,000 per tonne for long steel.

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