India Inc. reported a healthy year-on-year (y-o-y) jump in net profit growth in the June 2023 quarter, aided by declining input costs.
The benchmark Bloomberg Commodity Index, which tracks the global prices of oil, natural gas, copper, zinc, and other commodities, fell 3.8% between 31 March 2023 and 30 June 2023. However, a higher base effect, weak global demand, and a drop in realisations impacted the y-o-y growth in the topline.
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