repo rate moved from 5% in 2009 to 8% in 2014
India’s top 500 companies spent 23 % of operating profit (profit before depreciation interest and tax, or PBDIT) excluding other income to service borrowings in FY14, higher than a year earlier. They spent almost one out of every four rupees which impacted net margins. The proportion was much lower at 15 % of operating profit [...] Continue Reading »
