ICRA
India's Gems & Jewellery Exports Fall 12% In FY24
Companies Consumer Economy Luxury

Gold Jewellery Consumption To Grow By 12-14% In FY26: Icra

In FY2025, revenue growth for organised jewellers was driven largely by buoyant realisations, even as most players experienced volume contraction

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AC Manufacturers Seek To Cash In On India's Scorching Summer Forecasts
Brands Companies consumer Electronics

Indian Room AC Sales Volumes To Grow By 20-25% YoY In FY25: Report

On the supply side, the domestic household room air-conditioner capacity is likely to increase by over 40 per cent in the next three years from the current level

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Companies consumer Economy Fashion & Lifestyle

Fashion Retailers’ Operating Profit Margin To Remain At 13-14% In FY25: Report

The report expects the operating profit margin (OPM) for the current fiscal to be lower than the pre-pandemic levels by 310 basis points

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Consumer consumer Fashion & Lifestyle Feature Luxury News Retail Sector

Domestic Jewellery Consumption Growth Likely To Moderate In FY25 As Prices Rise

Gold prices rise by approximately 14 per cent in FY2024 YoY and are higher by about 18 per cent YTD over FY2024 average Srikumar Krishnamurthy, Senior Vice President and Co-Head – Corporate Ratings, Icra notes that gold prices rose by approximately 14 per cent in FY2024 YoY and are higher by about 18 per cent […]

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Consumer consumer Food Food & Beverage. Food/Entertainment Grocery News Sector

CPI Inflation To Rise 5.0-5.2% In May: Report

ICRA estimates the food and beverages inflation to cross the 8.0 per cent mark this month The International Credit Rating Agency (ICRA) expects consumer price index inflation to grow at 5.0-5.2 per cent in May 2024. Data released by the Department of Consumer Affairs (DCA) indicates a mixed trend in retail food prices in May […]

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Indian Apparel Retailers Face Sluggish Q1 Sales Due To Lower Disposable Incomes & High Base
Export Fashion & Lifestyle National News

Icra Forecasts 8-9% Growth For India’s Apparel Exports In FY25

The rating agency Icra has said that India’s apparel exports are likely to grow by 8 to 9 per cent in the financial year (FY) 2025, benefitting from the low base and with replenishment of stock in the United States (US) and the European Union (EU) regions. Following the tepid demand environment in FY24, Icra […]

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Indian Retail Malls Poised For Growth: ICRA Projects Strong Rental Income
News Real Estate Retail

Indian Retail Malls Poised For Growth: ICRA Projects Strong Rental Income

The commercial real estate outlook in India presents a varied scenario across different segments, as per a report by rating agency ICRA. The retail mall operators and warehousing sectors are experiencing growth driven by strong consumption trends. However, the office segment, while resilient, is facing a slowdown in leasing from technology-based sectors due to global […]

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Paper Industry Revenue Slips In FY24 As Volume Growth Stagnates
National News

Paper Industry Revenue Slips In FY24 As Volume Growth Stagnates

In the fiscal year 2023, the domestic paper industry experienced robust growth of 42 per cent in revenue, primarily propelled by augmented realisations, notably within the printing and writing paper (PWP) segment. However, as the industry navigates through FY2024, shifts in market dynamics have prompted a reassessment of expectations. According to rating agency Icra analysis, […]

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Tea Industry Cheers 82% Surge In Government Financial Support For Promotion
Finance National News

Drop In Prices, Rate Hikes To Shrink Margin For Tea Estates In North India: Report

The rating agency Icra expects the margin for tea estates based out of North India (NI) to be significantly impacted in FY2024 due to the double whammy of increase in the cost of production, following the wage rate hikes in West Bengal and Assam and the drop in realisation due to the low export demand […]

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