New Delhi, July 9 -- India's automobile sector is expected to report robust revenue growth of 22-24 per cent year-on-year in the first quarter of FY27, emerging as one of the biggest contributors to overall corporate revenue growth during the quarter, according to a Crisil report.

The report estimated overall corporate revenue to have grown 11-11.5 per cent year-on-year in the quarter ended June 30, 2026--the fastest pace in two years despite supply chain disruptions and higher input costs stemming from the West Asia conflict. This compares with revenue growth of 9.6 per cent in the preceding quarter.

According to Crisil, "automobiles remained one of the strongest growth drivers," supported by GST-led demand, healthy passenger vehicle (...