High crude oil prices, re-depreciation hurt MSME profitability: report

New Delhi: Around 43 percent of India’s micro, small and medium-sized enterprises (MSME) by value are expected to remain below pre-pandemic (2019-20) levels in terms of earnings before interest, taxes, depreciation and amortization (Ebitda) in the current fiscal year as they fail to fully pass on the high commodity pricessuch a report.

Overall, according to CRISIL Market Intelligence & Analytics SME Report 2022 MSME The sector should recover…

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