Even as economists and government officials are busy revising India’s GDP growth estimates downwards, demand slowdown, it appears, is yet to hit India Inc.An ET study of early birds — companies who have announced their financial results for the quarter ended September 30, 2008 — shows that aggregate net sales for 175 firms have grown by a healthy 32%, which is marginally more than the 31% topline growth in Q2 FY08. Sales growth in the past five quarters is in the 27-34% range.
Popularity: 2% [?]



