Economic Strains Lead to Profit Decline for Corporate India in Q1 FY25

Corporate India experienced its most challenging first quarter since the onset of the COVID-19 pandemic, with profits declining by 3.1% in Q1 FY25 compared to the same period last year. Net sales for 2,539 companies increased by 5.2% to Rs 22.9 lakh crore ($273.05 billion), while total expenditures rose by 6.4%, reaching Rs 19.6 lakh […]