Margins shrink on higher costs

SalesNet profitOPM % Total Ex oilTotal Ex oilTotal Ex oil Dec-0628.2129.4779.7360.0015.6917.91 Mar-0719.8226.3813.6137.5614.8016.70 Jun-0715.5520.7933.4432.6115.0917.55 Sep-0711.0817.6923.2424.2516.3717.67 Dec-0716.0516.3113.3215.0015.1617.95 Note: Total sample of 2218 excluding banks and finance
Profits growth rate excludes extraordinary profits, growth rates are year on year
OPM: Operating profit margins over net sales and net of total expenditure  The sales growth rate of 16.1 per cent (including oil and gas companies) has been the lowest since the quarter ended March 2007. If one excludes oil and gas companies, corporate India