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VERIFIEDET Finance·neutral
India Inc profit hit from West Asia tensions to halve if truce holds, Crisil says
AI Summary
- ·Crisil Ratings predicts a 100-basis-point hit to operating margins for India Inc in fiscal 2027 due to West Asia tensions.
- ·This impact is expected to be half of initial fears, following crude oil price corrections after the Strait of Hormuz reopened.
- ·Airlines and specialty chemicals sectors may continue to face pressure, while most other sectors anticipate minimal disruption.