Tag: input costs

India Inc.’s profit margin narrows in December quarter on high inflation: ICRA

India Inc.’s profit margin narrows in December quarter on high inflation: ICRA

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India Inc’s operating profit margin narrowed by a sharp 2.37% in the December quarter to 16.3% on an annual basis due to inflation and rising energy costs, domestic ratings agency ICRA said on Monday. When viewed sequentially, the operating profit margin for the December quarter expanded by 1.8% over the preceding September quarter, ICRA Ratings […]

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For services, April brings high costs with fast growth

For services, April brings high costs with fast growth

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S&P India Services PMI zooms to 57.9 in April from 53.6 in March; export orders fall the hardest since September 2021 S&P India Services PMI zooms to 57.9 in April from 53.6 in March; export orders fall the hardest since September 2021 New business and output from India’s services sector grew at the fastest pace […]

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