Top headlines: Borrowing costs bite, mechanism for sharing trade data

Business Standard brings you the top headlines this hour


BS Web Team
Borrowing costs bite: Interest-rate surge hurts corporate profits

Following the contribution of loans to the corporate bottom line for nearly two years after the outbreak of the pandemic, interest costs on those have begun to weigh on companies’ earnings.

The combined interest expenses of listed companies (ex-BFSI) were up 18.5 per cent year-on-year (YoY) in Q2FY23 as against an 8.8 per cent YoY decline in their combined operating profits during the period.

First Published: Nov 02 2022 | 08:27 AM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on are available only to BS Premium subscribers.

Register to