Margins of auto ancillaries likely to return to pre-Covid levels in FY23: ICRA
The operating margins are likely to return to pre-Covid levels of 10.5-11% in FY23 compared to 10% in FY22.
margins
July 2022
July 2019
‘June quarter revenue growth to be slowest in 2 years’
Corporate revenue growth seen around 5-6% in the first quarter of FY20 because of a broad-based slowdown in consumption.
