India Inc revenue growth likely slowed to 6-8 per cent in first quarter, says Crisil report

Revenues of Indian companies in the first quarter of this fiscal are expected to grow by 6-8%, marking the fourth successive slowdown, analytics company Crisil has warned. Of the 47 sectors tracked by the firm, 14 saw lower revenue, while 15 experienced slower sequential growth, highlighting the global trend for lower growth levels in industries such as steel and aluminium, where realisations and slowing demand for metals have impacted producers.

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