Corporate performance improves as GST-led woes abate and festive season spurs demand: ICRA

摘要

The second quarter results ofIndian corporate sector havestarted showing some signs ofstability. As per an ICRAresearch the aggregate revenuesof 485 companies grew by 4.2%in Q2 FY 2018 (vis-à-vis 6.7% inQ1 FY 2018) despite manysectors reporting sequentialimprovement. However, even asrevenue growth remainedmuted, the aggregate EBITDAmargins of corporate sectorreverted to 17.7% (up 170 bpson Q-o-Q basis and 20 bps onY-o-Y basis) aided primarily bybenefits of operating leverage(i.e. higher volume growth)across sectors.