India Inc's margin boost cushions slower revenue growth in Q1

Households may be feeling the pinch of higher inflation but corporate India is enjoying record high margins and profits. Illustration: Uttam Ghosh/Rediff.com The combined quarterly net profit of......

Q2 GDP is pegged at 5.8%

Citing a weak manufacturing sector coupled with the steep margin compression, SBI Research has pencilled in the country's GDP growth for the second quarter at 5.8 per cent, down 30 basis points......

Indians remitted $6 bn in Q1FY23 under LRS scheme

Outward remittances under the Reserve Bank of India’s (RBI’s) liberalised remittance scheme (LRS) made a strong comeback in the first quarter of FY23 as Indians increased spending on......

Q1FY24 results: Revenue growth of early birds at a 10-quarter low

The Q1FY24 earnings season has started on a dismal note for corporate India. Illustration: Dominic Xavier/Rediff.com The early-bird companies’ revenue growth has been at a 10-quarter low,......