ICRA Share Price

ICRA has raised its FY27 airline loss estimate to Rs 36,000-38,000 crore and cut traffic growth forecasts, citing higher ATF prices, a weaker rupee and lease costs

• Business Standard
• 1 week 5 days ago

The Indian two-wheeler industry will witness moderate wholesale volume growth of 3-5 per cent in FY27, as the sector could face challenges from a high base effect, a potentially weak monsoon due to El Nino, and inflation-led vehicle price increases, ratings agency ICRA said on Friday. The country's two-wheeler industry continues to demonstrate resilience, supported by improving domestic demand, healthy retail momentum, and sustained export growth, ICRA said in its latest sector update. The growth is expected to remain supported by improved affordability arising from GST rationalisation and replacement demand. Yet, ICRA said, "The sector could face challenges from a high base effect, a potentially weak monsoon due to El Nino, and inflation-led vehicle price increases." Despite supportive domestic demand drivers, geopolitical tensions in West Asia remain a key monitorable, as any escalation could disrupt supply chains and impact industry cost structures, it added. Domestic wholesale

• Business Standard
• 2 weeks 5 days ago

ICRA warned that the combination of higher crude oil prices and rupee depreciation could fuel inflationary pressures and constrain consumption-led sectors.India Inc. is likely to face slower revenue growth and weaker profitability in the first quarter of FY27 as the West Asia conflict, rising crude oil prices, rupee depreciation and the risk of an El Nio-induced demand slowdown create fresh headwinds for corporate earnings, according to rating agency ICRA.

• Business Line
• 2 weeks 6 days ago