India Inc Q4 profit to rise despite flat Q4 revenue

India Inc's revenue growth will remain flat at about 5-6% in the March quarter, but profitability will widen, a domestic rating agency said on Thursday.

- Press Trust of India

MUMBAI: Crisil Ratings said the operating profit margins are seen at 8%, a widening of up to 0.60%, when compared with the year-ago performance.

The agency analysed over 400 companies accounting for over 50% of NSE's market capitalisation to arrive at its estimates. Some companies, especially in the information technology sector have already announced their earnings.

Improved showing by the consumer-driven sectors excluding staples will be a key contributor for the topline growth, while the bottom line will benefit from a mixed set of aspects which are unique to a sector, it said.