Q1 earnings show resilience as demand, cost headwinds prove less severe than expected: ICRA
· economictimes.indiatimes.com
ICRA said India Incs Q1 FY27 earnings began on a stronger-than-expected note, with revenue growth accelerating to 22%. Despite margin pressure from higher commodity costs and weakness in oil refining and IT services, consumption-led sectors remained resilient. Healthy corporate balance sheets, rising capex and improving credit metrics offer support.
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