Crisil foresees increased profitability in FY24 due to higher advertising expenditures and declining newsprint costs
The print media industry in India is poised for significant growth this fiscal year, with revenue projected to increase by 13-15% to Rs 30,000 crore, according to a report by Crisil. This growth can be attributed to higher advertising spending by corporations in key sectors and increased government ad spending in light of the upcoming …