Mild recovery expected: CRISIL

Mild recovery expected: CRISIL

CRISIL Research expects India Inc´s revenues to grow 9-11 per cent in the quarter ended June 30, 2014, compared with 4.3 per cent in the same period last year and 8.4 per cent in the quarter ended March 31, 2014. This growth will largely be driven by strong growth in export-oriented sectors and select domestic consumption driven sectors such as FMCG, passenger vehicles, and two wheelers.The study covered 600 companies (excluding financial services and oil companies), representing 71 per cent of the overall market capitalisation of India Inc.

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