Consumer goods makers expect overall margins to reach pre-Covid levels over next 2-3 quarters
Chief executives of several listed companies told ET and analysts that margin contraction has come down in the December quarter due to moderation in material price. However, the complete recovery will take a couple of more quarters since material prices have not reduced uniformly and in some cases have further gone up in the last few weeks.
Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.
