Corporate India has never had it so good, but under-consumption continues to undermine economy – The Print

(This article first appeared in The Print on June 3, 2022)  

  • The economy may be faced with many uncertainties, but Corporate India has pulled through a difficult decade and is now in a position where it has never had it so good. For a sample of 2,785 companies listed on the stock exchanges, net profits in 2021-22 were 9.7 per cent of sales, a level not seen in the last decade and probably not since the financial crisis of 2008…

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