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Profitability of synthetic yarn makers see steady rise: Crisil

Profitability of synthetic yarn makers see steady rise: Crisil
business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.

Auto sector set to post double-digit growth next fiscal: Crisil Research

M&E sector to see 27% revenue growth in FY22: Crisil

Ad revenue should grow 31 per cent, subscription revenue 24 per cen 24 Feb, 2021 - 08:40 AM IST     |     By indiantelevision.com Team     KOLKATA: The pandemic has led to a significant plunge in revenue for the media and entertainment sector during fiscal 2021 (FY21). After contracting 26 per cent in this financial year, M&E sector revenue is expected to rebound by 27 per cent to Rs 1.37 lakh crore in fiscal 2022 (FY22), according to the credit rating agency Crisil. The time to bounce back to pre-pandemic levels will be relatively shorter for segments such as digital and television, while print, films, outdoor, and radio would take longer. Credit profiles of large media companies would be unaffected due to strong balance sheets, liquidity and the revenue rebound, while mid-sized and small ones could see stress, an analysis of over 80 of them rated by Crisil Ratings shows.

Mint Lite | Tiger Woods, Sri Lanka under UN scanner, Ecuador prison riots & more

Mint Lite | Tiger Woods, Sri Lanka under UN scanner, Ecuador prison riots & more
livemint.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from livemint.com Daily Mail and Mail on Sunday newspapers.

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