Has Falling Commodity prices benefited India ? Yes it has.
- A study on 81 top manufacturing companies reveals that, benefit of falling commodity prices has come to Indian Corporates.
- 67 companies shows expansion is Gross Profit (GP) margin in Dec-15 quarter vs Dec-14 quarter, while in 14 companies GP margin declined.
- 50% of Companies have margin expansion by at least 2.5%.
- Gross profit margin expanded in all kind of companies, whose raw materials are hard or soft commodities.