A decline in exports in sugar season 2023 (October 2022 to September 2023) coupled with a 3 per cent increase in the fair and remunerative price of sugarcane will impact the profitability of sugar mills this financial year.
New Delhi [India], October 17 (ANI): Airport operators are expected to see their traffic volume recover to the pre-pandemic level during the current financial year 2022-23, thus spurring revenue recovery, said rating agency Crisil Ratings.
New Delhi [India], September 21 (ANI): Revenues of multiplexes are set to cross pre-pandemic levels this financial year 2022-23 as more people are queuing up to watch movies after the pandemic-forced hiatus, said rating agency CRISIL Ratings.
New Delhi [India], August 24 (ANI): Revenue of the major States is likely to grow at a moderate pace of 7-9 per cent this financial year, after galloping 25 per cent last year, said rating agency CRISIL Ratings in a report.
New Delhi [India], August 23 (ANI): The latest hike in retail milk prices will limit the fall in profitability of the organised dairy sector this financial year, rating agency CRISIL Ratings said in a report on Tuesday.
Mumbai (Maharashtra) [India], August 23 (ANI): The recent hike in retail milk price by Rs 2 per litre will limit the slide in the profitability of the organised dairy sector to 50 basis points (bps) on-year this fiscal, despite a higher than anticipated rise in procurement prices, and transport and packaging costs, CRISIL Ratings said in a report on Tuesday.
New Delhi [India], August 20 (ANI): The digital lending norms announced by the Reserve Bank of India (RBI) on August 10, 2022, aim to usher in orderly growth and financial stability, check malpractices, strengthen transparency, and protect customer interests. They would, however, raise operational intensity and compliance costs for lenders in the near term, CRISIL Ratings said in a report.
New Delhi [India], August 10 (ANI): Revenue of apparel retailers is expected to grow by 21 to 23 per cent in the current financial year driven by better same-store sales and higher contribution from new stores set up in the past 2-3 fiscals, CRISIL Ratings said in a report.