Credit metrics of India Inc likely to improve to 4.5-5 times in Q3 FY24: Icra
Icra's analysis of the second quarter of 2023-24 performance of 601 listed companies (excluding financial sector entities) revealed improved operating profit margins (OPM), increasing by 398 bps and 64 bps on a year-on-year and sequential basis, respectively, it said.
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