15 Pc In Q2; Margins To Contract: Report – Outlook Business
India Inc's aggregate operating profit margin (OPM) will continue to face headwinds from elevated raw material, fuel, freight and packaging costs, and may compress by 1-1.5% in Q2 when compared to the year-ago period, the agency noted.
India Inc's revenue growth will contract to 13-15% in the ongoing September quarter from the 21.3% level in April-June, a domestic rating agency said on Thursday. From a profitability perspective, the operating profit margin is set to compress by ove... [1858 chars]