Weakness in consumer spending and softening commodity prices have led India Inc to deliver six-quarter low revenue growth of 10.7% for January-March period, as per an Icra report
2.3% – Revenue growth for consumer firms
9.8% – The same in the preceding quarter
12.4% – Revenues rose for firms in commodity-linked sectors
31% – It was in October-December 2018-19
3.8 times – Interest coverage ratio adjusted for sectors with low debt levels like IT, FMCG and pharma
Other key nos
2% – On-year fall in passenger vehicle domestic sales
7.8 – % Revenue growth of IT firms in dollar terms
6.5% – Rise in domestic steel consumption
78 basis points – Ebitda (earnings before interest, taxes, depreciation and amortisation) margins fell on-year to 16.8%
93 bps – It rose sequentially on price hikes in select sectors, lower cost of imports and softening in commodity prices
