scorecardresearchInput cost hike pushes India Inc Q1 revenue up 39 pc; compresses margin by 213 basis points: Report

Input cost hike pushes India Inc Q1 revenue up 39 pc; compresses margin by 213 basis points: Report

Updated: 30 Aug 2022, 08:10 AM IST
TL;DR.
While companies passed on higher input costs in the form of commodity and energy cost, leading to revenue growth, the same led to margin compression, rating agency Icra said in a note based on the analysis of 620 listed companies, excluding financial sector entities.
FILE PHOTO:  A worker wearing a face mask works on a production line manufacturing bicycle steel rim at a factory, as the country is hit by the novel coronavirus outbreak, in Hangzhou, Zhejiang province, China March 2, 2020. China Daily via REUTERS/File photo

FILE PHOTO: A worker wearing a face mask works on a production line manufacturing bicycle steel rim at a factory, as the country is hit by the novel coronavirus outbreak, in Hangzhou, Zhejiang province, China March 2, 2020. China Daily via REUTERS/File photo