Decline in sales growth was spread across most of the industries. Sales contracted
in the motor vehicles, iron & steel, cement, coke & refined petroleum products and
electrical machinery and apparatus industries among the major industries. Cement,
iron & steel and construction industries witnessed significant contraction in EBITDA
and net profit. Profit margins contracted in all these industries. Interest coverage
declined in most of the industries
Source: RBI
in the motor vehicles, iron & steel, cement, coke & refined petroleum products and
electrical machinery and apparatus industries among the major industries. Cement,
iron & steel and construction industries witnessed significant contraction in EBITDA
and net profit. Profit margins contracted in all these industries. Interest coverage
declined in most of the industries
Source: RBI
No comments:
Post a Comment