India Inc expected to clock 16 quarter low revenue growth in Q2: What's behind the dip?
- Posted on October 25, 2024
- By Business News Today
- 4 Views
India Inc expected to clock 16 quarter low revenue growth in Q2: What's behind the dip?
India Inc experienced its slowest revenue growth in four years, hitting 5-7% due to stagnation in construction, industrial commodities, and investment-linked sectors. Key boosts came from pharmaceuticals and IT services, as overall profitability improved by 70-90 basis points year-on-year.
