Crisil: West Asia conflict could shave 200 bps off India Inc margins, hitting FMCG, durables, paints
Crisil warns a prolonged West Asia conflict could cut India Inc operating profitability by ~200 bps in FY26 under a 9-month disruption scenario. Of 34 sectors reviewed, 22 face >10% profit decline, including consumer durables, paints, FMCG, tyres and autos. Export-led garments, textiles and pharma may benefit from rupee weakness.
Crisil warns prolonged West Asia conflict could cut India Inc operating profitability by 200 bps, with consumer durables, paints, FMCG, tyres and auto among 22 stressed sectors; export-oriented garments, textiles and pharma may gain from rupee depreciation.