Revenue growth is likely to halve in the fourth quarter for India Inc. due to slump in commodity prices, according to Crisil Research.
However, fall in input costs will shore up profitability of end-user industries.
Crisil pegged the year-on-year corporate revenue growth for the current quarter at 8-9%, down sharply from the average of 16.5% in the previous three quarters.
The plunge would be led by key commodities such as steel products, aluminium, natural gas and petrochemicals, which had softened significantly, impacting realisations, the report said.
