BusinessTimes of India
Pricing, not volume, drives India Inc in Q1; revenue estimated to grow 11-11.5% despite supply disruptions: Crisil
in5points
Corporate revenue estimated to grow 11-11.5% in Q1 FY27 despite supply disruptions and higher input costs, according to Crisil.
Pricing, not volume, drives growth this quarter, a reversal from the past two years, said Sehul Bhatt, director-research at Crisil.
Domestic demand held up, allowing companies to pass cost burdens to consumers; sectors like automobiles, white goods, telecom, power, steel, and healthcare benefited.
Nuvoco Vistas Corp posted a 7% growth in operating profit to Rs 572 crore in Q1 FY27, its highest-ever first-quarter operating profit.
Construction lagged with estimated revenue growth of just 1-3% due to geopolitical disruptions slowing project execution.