scorecardresearchVolume growth will boost consumer durable sector revenue to 15-18% in FY 2022-23: Report

Volume growth will boost consumer durable sector revenue to 15-18% in FY 2022-23: Report

Updated: 08 Sep 2022, 01:24 PM IST
TL;DR.
According to CRISIL, the industry crossed the pre-pandemic mark in value terms last fiscal year, and it is expected to scale past the pre-pandemic mark by 3% this fiscal year.
Despite the rise in volumes, the rating agency expects margins will decline marginally due to higher raw material prices and adverse foreign exchange movements.

Despite the rise in volumes, the rating agency expects margins will decline marginally due to higher raw material prices and adverse foreign exchange movements.