alexa

Search in IndianMoney.com

 
Home News Crude Prices

Read more interesting news from around the globe with Indianmoney App

Google Play
 
News Image

Rising input cost, crude shave off corporate margins by 220bps: Report

Tuesday, November 6, 2018, 7:20 AM

Rising input costs and crude prices have impacted India Inc's profitability in the September quarter despite good revenue growth, as operating margins declined by 2.20 percent, says a report. The corporate sector has reported a revenue growth of 23.9 percent for the September quarter over the same period last year, domestic rating agency Icra said on Monday, based on its analysis of 176 companies.