Pain for India Inc. Deepens as Revenues Fall to Record Lows

Описание: India Inc’s revenue likely fell to a 14-quarter low in Q2. Nine-quarter low for EBITDA growth, too; gains on input costs nullified by high fixed cost. The estimate is based on an analysis of 430 companies, which account for ~65% of the market capitalisation (excluding financial services and oil companies) of the National Stock Exchange.