West Asia truce halves India Inc profit hit to 100 bps, Crisil says
Crisil now expects the West Asia peace deal to cut the profit‑margin hit to Indian corporates to 100 basis points, half the earlier 200‑point stress scenario. The agency credits the reopening of the Strait of Hormuz and lower oil prices, projecting average operating margins near 11% for the fiscal year. Sectors like oil marketers and fertilisers should see limited impact.