BUDGET 2015
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Year of cautious optimism

Rising inflation has affected Indian firms in fiscal 2013, as increasing costs affected their profitability
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First Published: Sun, Feb 24 2013. 11 41 PM IST
On many parameters, Indian companies managed to perform well during the fiscal. Photo: Mint
On many parameters, Indian companies managed to perform well during the fiscal. Photo: Mint
New Delhi: Indian companies continued to face the impact of rising inflation in fiscal 2013, as increasing costs affected their profitability. Also, high interest rates—though consistent throughout the year—made raising funds difficult. Still, on many parameters, Indian companies managed to perform well during the fiscal.
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First Published: Sun, Feb 24 2013. 11 41 PM IST
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