The Dec-21 quarter is likely to face pressure on two fronts. Firstly, the input costs in many sectors have stabilized but hardly abated. Secondly, bond yields have shot up by 35-40 bps during the Dec-21 quarter and that has pushed up cost of funds. That is also likely to put pressure on the bottom line.
Till date the government has already announced GDP data for the Mar-21 and the Sep-21 quarters. On 07th January 2022, the National Statistical Office, MOSPI, released its first advance estimates (AE) of GDP for the financial year 2021-22. The second advance estimate will be released on 28-Feb along with the Dec-21 quarter GDP numbers, which will be closer to the real GDP picture.
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