India Inc's July-Sep revenue growth seen at 16-quarter low of 5-7%
Crisil says it is due to stagnant performance in the construction vertical, which accounts for a fifth of India Inc's revenue.
Crisil says it is due to stagnant performance in the construction vertical, which accounts for a fifth of India Inc's revenue.
Operating profitability will improve to around 23% in fiscal 2024 as IT service firms cut back on new hiring and rein in employee costs, says CRISIL.
Operating margin of private hospitals will continue to remain healthy at 16-17% until fiscal 2024, says CRISIL.
Corporate revenue growth seen around 5-6% in the first quarter of FY20 because of a broad-based slowdown in consumption.
A report by CRISIL Research shows that corporate revenue growth is expected to be 400-500 basis points lower than the first two quarters.