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The Economic Times
The Economic Times
Business

Edible oil refiners set to clock 10-12% revenue growth in FY27 despite duty cut: Report

Oil CRISIL Ratings India Tariffs

Mumbai, India's edible oil refiners are expected to register a 10-12 per cent revenue growth this financial year despite an import duty cut on crude edible oil, a report said on Thursday.

While the duty cut this September would soften domestic realisations in the second half of this fiscal, elevated global edible oil prices, strong first-half performance and improving consumption would support revenue growth.

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