Tyre makers expected to see 7%-8% revenue growth this fiscal: CRISIL

Q: How long will it take to read this news story?

The story "Tyre makers expected to see 7%-8% revenue growth this fiscal: CRISIL" has 482 words across 13 sentences, which will take approximately 3 - 5 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Tyre makers expected to see 7%-8% revenue growth this fiscal: CRISIL" was covered 5 hours ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 228 news stories per day. It's most recent story was published 2 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #23653292</li><li>URL: https://beamstart.com/news/tyre-makers-expected-to-see-17319193076791</li></ul>

Business Standard Logo Business Standard 5h ago

Tyre makers expected to see 7%-8% revenue growth this fiscal: CRISIL - Business Standard

Quick Summary:

This would be for the second consecutive year that the estimated revenue growth for the tyre manufacturer will be in single digit (albeit nearly double than that of last fiscal) and after logging a compound annual growth rate of 21 per cent between fiscals 2021 and 2023, Crisil Ratings said.

Tyre makers are expected to see a 7-8 per cent topline growth during the current fiscal, driven by a 3-4 per cent increase in realisations and volume, ratings agency Crisil Ratings said on Monday.

It also said that realisation growth will be staggered throughout the fiscal as companies are raising prices gradually to offset the surge in the cost of natural rubber.