Delayed government payments hit cos' operating cash flows in H1
Tue, Nov 26, 2024 9:46 AM

Delayed government payments hit cos' operating cash flows in H1

A Flip by Avya Verma
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Mumbai: India Inc's operating cash flow (OCF) weakened significantly in the half year ended September 30, falling to 71.4% of their earnings before interest, tax, depreciation and amortisation 81.8% in the previous six months (excluding banking, financial services and insurance).Free cash flow, meanwhile, plunged to 35.9% of profit after tax (PAT) from 55.1% a year earlier, according to data.

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