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India Inc's profit declines sharply to 3.48% of GDP in Q2 of FY23

Ratio for manufacturing firms at 9-quarter low of 0.93%

Topics
GDP | equity | India Inc

Krishna Kant  |  Mumbai 



company results, Q2, second quarter
Illustration by Ajay Mohanty

The corporate profit to (GDP) ratio declined sharply in the previous two quarters, reversing the steep rise seen in the second half of financial year 2020-21 (FY21) and FY22.

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First Published: Mon, December 05 2022. 23:41 IST

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