The double-digit growth comes after eight quarters of either decline or single-digit growth. With a visible recovery in the second half of fiscal 2021, overall revenue for the sample set may be a mere 0.5 per cent lower compared with fiscal 2020.
MUMBAI: A spurt in volumes on a low base coupled with improvement in realisations riding on higher commodity prices lifted corporate revenue 15 to 17 per cent on-year to Rs 6.9 lakh crore in the fourth quarter of fiscal 2021, according to a recent Crisil Research estimate.
The double-digit growth comes after eight quarters of either decline or single-digit growth. With a visible recovery in the second half of fiscal 2021, overall revenue for the sample set may be a mere 0.5 per cent lower compared with fiscal 2020.
Source: ET CIO