The profitability of client goods corporations has tailed off owing to a rally in commodity costs and decrease or slower than anticipated restoration in demand from the Covid-19 shock final monetary yr.
The mixed profit share of corporations in sectors akin to auto, quick-shifting client goods (FMCG), client durables, style, and fast-service eating places declined to a 10-year low of seven.7 per cent (among the many corporations below assessment) in the primary half of FY22 in opposition to a pre-pandemic excessive of 15.four per cent in H2FY18. The evaluation relies on the half-yearly numbers of four,166 listed corporations, …
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First Published: Mon, November 22 2021. 06:10 IST