Explore Crisil, a company of S&P GlobalFormerly known as Market Intelligence & Analytics
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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.
India’s real gross domestic product (GDP) growth will moderate but remain healthy at 7.1% in fiscal 2027 compared with 7.6% in fiscal 2026 (revised under the new GDP series), Crisil said at the 10th edition of its flagship annual India Outlook Conclave today.
