Against this backdrop, with better supply chain dynamics and execution of a strong order backlog, capital goods companies are positioned for strong revenue growth in the September quarter (Q2FY24). Lower raw material and freight costs are also expected to support profitability.
According to JM Financial Institutional Securities, revenue of capital goods companies in Q2FY24 will remain healthy, owing to decent order book growth and sustained demand from end users.
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Denne historien er fra October 18, 2023-utgaven av Mint Mumbai.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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