India Inc revenues set to grow at two-year high in Q1 despite West Asia tensions: Report
Business 10 Jul, 2026

India Inc revenues set to grow at two-year high in Q1 despite West Asia tensions: Report

Business To Business, New Delhi, 10th July, 2026:    India Inc's revenues are expected to grow by up to 11.5 per cent year-on-year in the June quarter, marking the highest growth in two years, despite ongoing tensions in West Asia that have disrupted supply chains and fuelled domestic inflation, according to a report released on Thursday.
The analysis, conducted by Crisil Intelligence, covered 400 companies across 47 sectors, excluding banking, financial services, and oil and gas.
According to the report, corporate India's strong performance is expected to be supported by resilient domestic demand, which has remained reasonably steady despite the geopolitical uncertainties that have persisted since late February.
Crisil Intelligence Director Sehul Bhatt said that the key driver of revenue growth has shifted this quarter.
"For much of the past two years, revenue growth was powered largely by volume. But this time around, pricing was the primary driver."
Higher prices contributed more to revenue growth than increased sales volumes in sectors such as:

  • Aluminium
  • Steel
  • Cement
  • Airlines
  • Fertilisers
  • Gems and jewellery
The report indicates that pricing power in these industries has helped companies offset the impact of higher input costs and supply chain disruptions arising from the West Asia conflict, supporting overall corporate revenue growth.

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