India Inc profit hit from West Asia tensions to halve if truce holds, Crisil says

The profitability impact of the recent West Asia conflict on corporate India is likely to be about half as severe as initially feared if the US-Iran ceasefire holds and energy supplies continue to normalize. Crisil Ratings has revised its outlook, predicting a 100-basis-point hit to operating margins in fiscal 2027, down from earlier estimates. This revised projection follows crude oil price corrections and improved geopolitical stability signals.