Corporates set to report lower revenue, profit growth in Q3
Updated : January 08, 2019 07:11 AM IST
Revenue growth will dip by up to 5 percentage points on average to 12-13 percent, domestic ratings agency Crisil said in a report on Monday and attributed the estimate mainly to high base in general and also due to certain sector specific issues.
Operating profit growth will decline to 10 percent, a sharp decline from 15 percent growth levels achieved in the preceding three quarters, the report said.
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