Iran war ripples hit India Inc: HUL takes 2-5% price hikes, RIL repivots crude, Bajaj flags MSME stress

Q4 FY26 calls expose geopolitical drag across Indian retail-adjacent giants. Brent at $120 and rupee at 95 push HUL input inflation to 8-10%, forcing 2-5% hikes while defending 22.5-23.5% margins. RIL reroutes crude sourcing; Bajaj Finance trims AUM growth to 20-24% on MSME stress; SBI carries $10-12bn ME exposure.

Q4 FY26 calls expose geopolitical drag across Indian retail-adjacent giants. Brent at $120 and rupee at 95 push HUL input inflation to 8-10%, forcing 2-5% hikes

Forbes India · 5/29/2026, 12:17:05 PM · Ask about this →

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