Double-digit resilience: Despite high-base effect, India Inc's FY24 revenue is on a good footing
Operating — or earnings before interest, tax, depreciation and amortisation (Ebitda) — margin of the sample set of 748 listed companies is expected to improve 120-170 basis points in fiscal 2024 aided by three factors — benign commodity prices, the full effect of price hikes taken in fiscal 2023 playing out, and volume-driven expansion projected in fiscal 2024.
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