Economic Perspectives

How is India Inc doing?

Print edition : November 11, 2016

Two industries that were hit harder than the others seem to be cement and iron and steel. In the case of iron and steel, contraction in output volumes and prices led to a sales decline of 10.2 per cent, and the operating profit margin also fell to a seven-year low level of 11 per cent. Photo: Udit Kulshrestha/Bloomberg

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