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The Economic Times

National / The Economic Times

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India Inc sails past fourth-quarter estimates, but oil shock clouds outlook

Indian companies achieved better-than-expected profits in the March quarter. Domestic activity was strong, supported by tax cuts and easy money. However, the ongoing Iran conflict is creating an energy shock. This is expected to impact future company earnings negatively. High oil prices and supply issues pose risks to the economic recovery. Analysts are revising future profit estimates downwards.

2 Jun 2026 2:52 pm