#crisil-ratings
West Asia conflict may dent India Inc profitability by 200 bps: Crisil
A prolonged West Asia conflict poses a risk to India Inc's profitability. Crisil Ratings predicts a significant drop in operating margins due to supply chain issues and rising costs. However, strong company balance sheets are expected to protect overall credi…
Duty hike to push gold jewellery volumes to decadal low, but credit profiles seen stable: Crisil Ratings
Sales volume for the sector, comprising jewellery, coins and bars, is expected to decline 13-15% on-year this fiscal, after an 8% contraction last fiscal
Jewellery sales volume will drop to 10-year low on high prices, hike in import duty
Despite the expected decline in volume, the sector is poised to achieve a robust revenue growth of 20-25% y-on-y, driven by higher realisations, as per Crisil Ratings report.