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West Asia peace deal limits India Inc’s profitability hit to 100 bps: Report

As reported by mint - markets
Crisil Ratings reports that falling crude oil prices may lessen the profitability hit for India Inc. this fiscal year. The anticipated impact on operating margins is now about 100 basis points, significantly lower than initial estimates.
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Crisil Ratings reports that falling crude oil prices are set to significantly lessen the profitability hit for India Inc. this fiscal year. The anticipated impact on operating margins is now limited to approximately 100 basis points, marking a substantial reduction from initial…

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