Costs are up, profit margins down, says IIM-A survey of 1,600 companies

Profit mrgins % responses

By A Representative
The latest Business Inflation Expectations Survey (BIES), released by the Indian Institute of Management-Ahmedabad (IIM-A) has revealed that 54% of responses obtained from 1,600 companies say that in May 2019 there was increase in costs in May 2019 up by 3% from 50% reported in April 2019 during the last one year.
“The proportion of firms perceiving significant cost increase (more than 6%) in May 2019 has marginally increased to 26% as compared to 25% in April 2019”, the BIES report adds.
The report further says, “In May 2019, over 60% of the firms in the sample reported that sales are ‘somewhat or much less than normal’, a proportion similar during the January-May 2019 period.”
At the same time, the report states, “The proportion of firms in the sample reporting ‘normal or greater than normal’ profit margins has declined to 30% in May 2019 from 36% in April 2019.” It adds, “Overall, the profit margin scenario has remained depressed and unchanged in May 2019.”

Comments

Right to walk, right to livelihood: Clearing footpaths 'can't mean' clearing out the urban poor

By Aseem Mishra* India’s cities are locked in a quiet but intensifying struggle over one of their most contested public spaces: the footpath. For pedestrians, a footpath is basic infrastructure—a strip of ground that should allow people to move safely, independently and with dignity. For millions of informal workers, the same stretch of pavement is a workplace, a source of daily income and often the difference between survival and destitution.

A fearless spirit lost: Rebecca Thomson dies at 17-hour Catalina Swim Mark

By Harsh Thakor On July 26, 2026, Rebecca “Becky” Thomson suffered cardiac arrest while attempting the Catalina Channel Swim — a marathon open water crossing from Catalina Island to the California mainland. After swimming for 17 hours, Thomson collapsed in the water. Despite the painstaking efforts of emergency responders and the medical staff at Harbor-UCLA Medical Center, she succumbed to a devastating hypoxic brain injury and died Friday evening.

Women lawyers petition Supreme Court, seek reconsideration of Aug 4 order on bar council co-option

By A Representative A group of women advocates who stood sixth and seventh among female candidates in the recent Bar Council elections have filed a petition before the Supreme Court, seeking a recall and reconsideration of the Court’s August 4 order determining the mechanism for co-opting women into State Bar Councils.

Counterview

Search This Blog