Indian companies' profit margins 'still not showing' signs of improvement: IIM-A survey

By A Representative
The Indian Institute of Management-Ahmedabad’s (IIM-A’s) Business Inflation Expectations Survey (BIES), released last week, has said the profit margins of 75% of the firms have been failing to show any signs of improvement, a trend which has has continued since June 2019. “Overall”, the BIES report says, “The profit margin scenario is still not showing any clear signs of improvement.”

BIES selects companies primarily from the manufacturing sector, and the survey results are based on the responses of over 1,200 companies. The survey report says, “The cost perceptions data shows that the signs of significant cost pressures building up have ebbed”, adding, “Nearly 47% of the firms believe that the current cost increase is 3.1% and above as compared to the same time last year. Over 1/4th of the firms perceive that the current cost increase is over 6%.”

As for the sales perception, the report says, “Data still does not show clear signs of recovery”, adding, “In January 2020, around 70% of the firms in the sample reported that sales are ‘somewhat or much less than normal’ as against 72% reporting in December 2019. This proportion has remained around 70% since June 2019.”

Manufacturing, services: India's low-skill, middle-skill labour remains underemployed

By Francis Kuriakose* The Indian economy was in a state of deceleration well before Covid-19 made its impact in early 2020. This can be inferred from the declining trends of four important macroeconomic variables that indicate the health of the economy in the last quarter of 2019.

The soundtrack of resistance: How 'Sada Sada Ya Nabi' is fueling the Iran war

By Syed Ali Mujtaba* The Persian track “ Sada Sada Ya Nabi ye ” by Hossein Sotoodeh has taken the world by storm. This viral media has cut across linguistic barriers to achieve cult status, reaching over 10 million views. The electrifying music and passionate rendition by the Iranian singer have resonated across the globe, particularly as the high-intensity military conflict involving Iran entered its second month in March 2026.

Incarceration of Prof Saibaba 'revives' the question: What is crime, who is criminal?

By Kunal Pant* In 2016, a Supreme Court Judge asked the state of Maharashtra, “Do you want to extract a pound of flesh?” The statement was directed against the state for contesting the bail plea of Delhi University Professor GN Saibaba. Saibaba was arrested in 2014, a justification for which was to prevent him from committing what the police called “anti-national activities.”

Search This Blog