India Inc's revenue growth to hit 2-year high of 11-11.5% in Q1 despite Iran war: Crisil

Crisil's analysis of over 400 companies across 47 sectors projects India Inc's Q1 revenue growth at 11-11.5% year-on-year, a two-year high, driven primarily by pricing rather than volume. Strong contributors include aluminium (51-53% YoY revenue growth), automobiles (22-24%), pharma (around 12%), telecom (10-11%) and power generation (8-10%), while export-oriented sectors like textiles, processed food and IT services (around 5%) lagged. Despite robust top-line performance, profitability remained under pressure as companies could pass on only part of rising fuel, freight, packaging and feedstock costs triggered by Iran-related disruptions.