 "World economy, economy, money,")
After continued pressure on price-led growth or realisations in the past couple of years, the tide seems to be turning for Indian companies.
In the March quarter (Q4), revenues of more companies were driven by higher realisations than in recent times. Of the 31 large ones for which the break-up of domestic revenues between volume growth and realisation growth is available, 20 saw an increase of over two per cent in this metric — it was only nine in the June 2016 quarter. Companies in the steel, cement, consumer staples and auto sectors have seen strong realisation growth in Q4.
