Business Standard

Consumption remains weak

Higher inflation is affecting operating margins

earnings
Premium

Business Standard Editorial Comment Mumbai
An analysis of the September-December 2021 quarter results of 2,986 listed companies shows inflation is biting. Expenses are up, margins have compressed, and private consumption is weak. The base effect is also wearing off, since Q3 2020-21 was very profitable. On the positive side, commodity sectors like oil and gas producers, miners, chemicals, and industrial metals have done well. There are some signs of recovery in activity. The aviation sector has made a comeback, logistics and shipping have grown, and hospitality is reviving. Overall, the sample declared net sales of Rs 32 trillion, a rise of 24 per cent year-on-year

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Feb 20 2022 | 10:51 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com