CRISIL: High Commodity Prices to Crimp MSME Margins This Fiscal, Too
April 05, 2023
April 05, 2023
MUMBAI, India, April 5 (TNSres) -- CRISIL, an S&P Global company, issued the following news release:
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Around 10-15% of universe to trail pre-Covid level though revenue will be above that mark
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Inability to pass on the high commodity prices fully will ensure the earnings before interest, tax, depreciation and amortisation (Ebitda) margin of as much as 10-15% of India's micro, small and medium enterprise (MSME) universe by valu . . .
* * *
Around 10-15% of universe to trail pre-Covid level though revenue will be above that mark
* * *
Inability to pass on the high commodity prices fully will ensure the earnings before interest, tax, depreciation and amortisation (Ebitda) margin of as much as 10-15% of India's micro, small and medium enterprise (MSME) universe by valu . . .