Reserve Bank of India forecasts cautious optimism for infrastructure companies in Q 1 2022-23
The Reserve Bank of India has says companies in the infrastructure sector in the country companies in the infrastructure sector in India will continue to register growth in the Q1 2022-23 though with subdued profits margins.
According to a survey conducted by the RBI named “Infrastructure Sector Assessment for Q4:2021-22” Infrastructure companies polled continued expansion though with lower optimism on overall business situation as well as turnover.
Employment conditions remained subdued for infrastructure companies in Q4:2021-22. • Respondents gauged higher pressure from input prices and some moderation in selling price growth; their assessment on profit margins abated in Q4:2021-22. Respondents reported guarded optimism on availability of finance.
Forecast for 2022-23
Expectations for Q1:2022-23 • Demand parameters in the infrastructure sector are expected to expand at a slower pace in Q1:2022-23. Infrastructure sector firms expressed lower optimism for both selling price growth and profit margin in Q1:2022-23
