BSE 100 providers increase R&ampD costs, but advancement problems continue Stock Exchange Today

.6 min went through Final Updated: Oct 05 2024|12:12 AM IST.Trial and error (R&ampD) costs by BSE one hundred firms has grown steadily, climbing from 0.89 per-cent of profits in FY20 to 1.32 per-cent in FY24, averaging around 1 percent over the duration in-between, according to information compiled coming from Bloomberg as well as firm annual records.Additionally, these providers much more than multiplied their R&ampD spending in absolute phrases over these five years: From Rs 25,041 crore to Rs 63,072 crore.While this mirrors a prioritisation of advancement, corporate R&ampD investment remains pretty conservative. Pros note that merely a handful of providers have actually considerably boosted their R&ampD spend, signifying that.