India Inc’s revenue is estimated to have grown 11–11.5% year-on-year in the quarter ended June 30, 2026, the fastest pace in eight quarters and the highest in two years, according to Crisil Intelligence. This compares with 9.6% revenue growth in the preceding March quarter, underscoring the resilience of corporate India in the face of supply disruptions and rising input costs triggered by the West Asia conflict.
Crisil’s analysis covers more than 400 companies across 47 sectors, excluding banking, financial services and oil and gas, representing nearly half of India’s listed market capitalisation. The agency notes that while uncertainties around crude oil and gas affected fuel, freight, packaging and feedstock costs, domestic demand “held up reasonably well”, allowing many companies to pass higher costs on to end-consumers.
