India Inc is likely to witness a 22.8 per cent growth in the Profit-After-Tax (PAT) margins in the current fiscal, an economic think-tank said in its report.

"Corporate sales growth will average at a meagre 4.1 per cent in 2009-10. At the same time, PAT will rise by a robust 22.8 per cent," the Centre for Monitoring Indian Economy (CMIE) said in its latest report on the state of the Indian economy.