India Inc’s revenue growth is expected to moderate after a strong Q1, according to ICRA. Following 21.3% year-on-year growth in the June quarter, the rating agency projects growth of 13-15% in Q2 FY27, while higher input costs continue to pressure profit margins.
Based on a sample of 2,756 listed companies outside the financial sector, ICRA says corporate earnings remain healthy, although growth has moderated from three months ago.