India Inc Q2

Although FMCG companies reported volume growth, there was a further sequential slowdown in volume growth in both rural and urban markets.

Pre-tax profit is up 20.7%, net up 15%; top-line growth lowest in 3 years

The US continued to be the most active cross-border M&A partner for Indian companies during the quarter

Investment-related sectors and second-tier manufacturers continue to struggle with a flat-to-low-single-digit growth in their top line