Tag: Profitability

Corporate India’s revenue growth improved 8-10% in Q2FY24: Report

Revenue of Corporate India is likely to have jumped 8-10% year-on-year during the second quarter of the current fiscal after four quarters of subdued growth, according to CRISIL Market Intelligence and Analytics (MI&A) report. It said that the revenue has ...

Export of cut and polished diamonds may fall 22% in FY24 on weak demand: Report

India’s export of cut and polished diamonds (CPDs) is expected to decline by 22% to $17.2 billion in FY2024 due to subdued demand from the key consuming nations, according to rating agency ICRA. The rating agency noted that CPD exports ...

NBFC-MFIs’ AUM to grow 30% on improving asset quality: Report

Asset Under Management of non-banking financial company-microfinance institutions (NBFC-MFIs) is expected to grow 25-30% in FY24, on the back of improving asset quality, higher economic activity, and rising profitability, said CRISIL Ratings.The growth in AUM has been accompanied by declining ...

Pharma sectors’ revenue growth to moderate to 9%, says report

The Indian pharmaceutical sector is expected to see a moderate revenue growth of 9% in fiscal year 2022, compared with a revenue growth of 12.5% in the last financial year, due to sluggishness in exports, according to Crisil Rating agency. ...