Economic TimesLean R·
India Inc clocks strongest revenue growth in 9 quarters; margins squeezed by rising costs
ET Intelligence Group: India Inc reported a 19.4% year-on-year revenue growth in the June quarter - the strongest in at least nine quarters - driven by strong performance in the auto, banking, metals, and pharma sectors.While net profit also grew in double digits at 11%, rising input costs made it the slowest growth rate in a year. In the coming quarters, festivals and wedding season, and focus on product premiumisation are expected to sustain revenue momentum and support future profitability.F…
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