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Indian companies' revenue growth hit a 7-quarter low of 3.4%, signaling economic slowdown.
Indian companies' revenue growth dropped to a 7-quarter low of 3.4% year-on-year in the first quarter of 2025-26, according to an ICICI Bank report.
The manufacturing sector saw revenue growth fall to 2.8%, while services sector growth halved to 5.8%, mainly due to slower trade, transport, and real estate.
Expenditure growth also fell to a 7-quarter low of 2.4%.
The outlook for export sectors like textiles remains weak due to US tariffs.
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El crecimiento de los ingresos de las empresas indias alcanzó un mínimo de 7 trimestres del 3.4%, lo que indica una desaceleración económica.