New Delhi, July 28 -- India Inc's revenue likely grew a modest 4-6 per cent year-on-year in the April-June quarter of this current fiscal, slowing from 7 per cent growth in the previous two quarters, due to sluggish performance by the power, coal, information technology (IT) services and steel sectors, which collectively account for a third of the revenue, according to Crisil.
Crisil reached this revenue estimate after analysing over 600 companies.
Earnings before interest, tax, depreciation and amortisation (Ebitda) likely rose 4 per cent year-on-year. However, the EBITDA margin likely fell 10-30 basis points (bps), weighed down by IT services, automobiles, fast-moving consumer goods (FMCG), and pharmaceuticals, the rating agency said....
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