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India Inc’s Profit Margin Narrows in December Quarter Due to High Inflation: Icra
India Inc’s Profit Margin Narrows in December Quarter Due to High Inflation: Icra
February 27, 2023
Icra Ratings reported that India Inc’s profit margin narrowed in the December quarter due to high inflation.
When viewed sequentially, the operating profit margin expanded by 1.80% in the December quarter compared to the September quarter.
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