India Inc’s FY27 Profit Growth Forecast Cut to 9.2%
What Happened
Analysts have cut expected FY27 profit growth for 200 widely tracked Indian companies to 9.2% in September from 16.5% in February, a 730-basis-point downgrade, according to NSE’s September Market Pulse data. Energy saw the sharpest revision, with projected profit growth falling from 2% to negative 16.9%, amid higher oil and input costs.
Key Takeaways
The downgrade is broad but uneven. Consumer staples’ forecast fell from 9.8% to negative 3.8%, while real estate bucked the trend, with expected FY27 profit growth rising from 24.6% to 28.1%.