High costs can dent profitability of apparel exporters in FY23: Report ...Middle East

Business Standard - Economy
source : Business Standard ( Middle East ) () 18
Higher raw material and logistics costs could dent profit margins of apparel exporters this year, according to a report. Domestic rating agency Icra said there has been a sharp surge in yarn prices since September 2020, which has touched an all-time high during May-June this year. "We expect large-mid-scale apparel exporting companies to report a healthy growth in revenues in FY'23. While high realisations are expected to support the revenue growth for the year, higher raw material and logistics costs could dent apparel exporters' profitability for the year," Icra Senior Vice President and Group Head, Corporate Sector Ratings, Jayanta Roy said. The report also said apparel exporters are like

Hence then, the article about high costs can dent profitability of apparel exporters in fy23 report was published today ( ) and is available on Business Standard ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( High costs can dent profitability of apparel exporters in FY23: Report )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in Economy
Venezuela’s Oil Reset Has Finally Begun
OILPRICE - before 10 hours & 59 minute
ELEGOO bringt Multicolor-3D-Drucker Centauri Carbon 2 Combo am 26. Januar auf den Markt
PR Newswire - before 5 hours & 16 minute
G42 Introduces Digital Embassies and Greenshield to Make AI Sovereignty Portable
PR Newswire - before 4 hours & 16 minute
First-time buyers typically need £23,000 for a 10% house deposit – report
INDEPENDENT - before 11 hour & 28 minute
BEKO EUROPE ALS TOP EMPLOYER EUROPE 2026 ZERTIFIZIERT - ZUM NEUNTEN MAL IN FOLGE - SOWIE TOP EMPLOYER IN ITALIEN, FRANKREICH, DEUTSCHLAND, POLEN, GROSSBRITANNIEN, RUMÄNIEN, DER SLOWAKEI UND SPANIEN
PR Newswire - before 3 hours & 25 minute
Infosys is the Fastest Growing IT Services Brand Globally with a CAGR of 15% in Brand Value
PR Newswire - before 3 hours & 59 minute
PioCreat, AEEDC Dubai 2026'ya Hasta Başı Dental 3D Baskı Çözümlerini Getiriyor
PR Newswire - before 6 hours & 30 minute
India Locks In Major LNG Supply Deal With Abu Dhabi
OILPRICE - before 3 hours & 15 minute
Russia’s Oil and Gas Revenues Are Set to Plunge 46% in January
OILPRICE - before 4 hours & 50 minute
They’ve outsourced the worst parts of their jobs to tech. How you can do it, too.
Washington Post - before hour & 51 minute
Cold Snap in China Pushes LNG Prices Higher After Months of Decline
OILPRICE - before hour & 57 minute
China Is Importing Its Last Ultra-Cheap Sanctioned Venezuelan Oil
OILPRICE - before 51 minute


Latest News

Russian Gas exports to China hit record High - 51 Times More in 10 Years

1 minute

Why Power, Not Capital Will Decide Who Wins the AI Wars

before minute

Jimmy Wales Will Never Edit Donald Trump’s Wikipedia Page: He ‘Makes Me Insane’

before 23 minute

Number of people becoming financially insolvent reached 15-year high in 2025

before 25 minute

CGI to help clients accelerate Agentic AI outcomes with Gemini Enterprise

before 27 minute

Brainomix e-Lung AI Imaging Technology Selected as Co-Primary Endpoint in Boehringer Ingelheim Phase 3 Clinical Trial in Pulmonary Fibrosis

before 44 minute

China Is Importing Its Last Ultra-Cheap Sanctioned Venezuelan Oil

before 51 minute

China’s Renewable Energy Revolution Is a Huge Mess That Might Save the World

before 58 minute

Samara launches electric golf cart assembly in Saudi Arabia in joint venture with Raya Holding

before hour & minute

Malawi: Malawians Wake to Fuel Price Shock As Petrol, Diesel Jump Over 41 Percent Overnight

before hour & 45 minute

They’ve outsourced the worst parts of their jobs to tech. How you can do it, too.

before hour & 51 minute

One Identity Unveils Major Upgrade to Identity Manager, Strengthening Enterprise Identity Security

before hour & 52 minute

Cold Snap in China Pushes LNG Prices Higher After Months of Decline

before hour & 57 minute

UMFRAGE VON DP WORLD: HANDELSFÜHRER SIND TROTZ ZUNEHMENDER HINDERNISSE OPTIMISTISCH FÜR 2026

before 2 hours & 7 minute

Ethiopia: Ethiopian Women and Safety - Why Some Switch Their Ethnic Identity When They Start Working

before 3 hours & 2 minute