TEXT-Fitch: Indian Auto Suppliers' Profitability to Moderate in H212

Newswire

(The following was released by the rating agency) NEW DELHI/SINGAPORE, August 01 (Fitch) Fitch Ratings says that the Outlook for Indian auto suppliers remains stable in view of steady demand, emanating from their diversified revenue streams, despite a likely easing of profitability in H212. However, a fall in volumes in some sub-segments of the domestic auto industry could manifest into lower revenue growth for certain suppliers. Fitch expects the profitability ...

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