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Q1 early-bird results show inflation effect on India Inc's profits

First sequential contraction in corporate earnings after 4 quarters of expansion

Topics
Q1 results | India Inc | India Inc earnings

Krishna Kant  |  Mumbai 



Inflation eroded India Inc's profits in Q1, show early bird results
Operating margins tightened the most for companies in the mining & metals and IT sectors

The early-bird for the April-June 2022 quarter (Q1FY23) hinted at a decline in earnings, even as corporate revenue continued to grow at a fast clip. This was largely because of higher commodity prices and sharp .

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First Published: Mon, July 25 2022. 06:10 IST

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