New Delhi, March 30 -- Rating agency ICRA highlighted that the revenue growth of construction players hit a speed bump in 2025-26, with road focussed contractors among the worst hit. The construction sector is likely to witness a muted revenue growth of 2-4 per cent in 2025-26, after an almost flat performance in 2024-25, according to an analysis by ICRA.

However, it expects the industry to witness a revenue growth of 6-8 per cent in 2026-27 after two bleak years.

Shrinking order book of road contractors amid muted project awarding by the Ministry of Road Transport and Highways (MoRTH) and slowdown in Jal Jeevan Mission (JJM) related construction projects were among the key reasons behind the slowdown.

However, EPC (engineering, procur...