Formerly known as Market Intelligence & Analytics
Headwinds stemming from the ongoing conflict in West Asia will hit micro, small and medium enterprises (MSMEs) in India hard this fiscal, impacting both revenue and profitability.
India Inc is estimated to have logged 8.5-9.0% on-year revenue growth in the fourth quarter of fiscal 2026, supported by sustained volume momentum in automobiles and white goods following the rationalisation of Goods and Services Tax (GST) rates in September 2025.
Cement makers are expected to see their operating margin fall 150-200 basis points (bps) on-year to 16-18% this fiscal, after rising 260-280 bps last fiscal, as soaring energy prices amid the West Asia conflict increases power and fuel cost.