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Economic slowdown likely to be narrowed down by the friendly costs of raw materials

Published On 20 Jan 2020 01:37 PM


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A controlled earnings growth is likely to be witnessed by the fast-moving consumer goods (FMCG) companies in the fiscal 2020’s third quarter, said brokerages.

EBITDA is likely to witness growth after raw materials prices were kept economic-friendly while the growth in volumes is likely to stay tepid.

The cuts in the corporate tax recently will, however, greatly benefit the net growth.

There was a 2.2 percent....


Tags : Finance, Growth,
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