Rupee, price tailwinds for Indian exporters may fade in H2FY27: Nuvama
New Delhi, Aug. 18 -- Indian exporters could see some of the revenue tailwinds from rupee depreciation and elevated prices fade in the second half of FY27, after these factors helped accelerate export-sector growth in the first quarter, according to a Nuvama Institutional Equities report.
The report said exporters posted strong revenue growth during the April-June quarter, supported by the depreciation of the Indian rupee and higher prices amid supply disruptions.
"INR depreciation along with high prices owing to supply shock have supported the top line. Some of these tailwinds will start to fade in H2FY27," Nuvama said in its Q1FY27 Earnings Review.
Export-oriented sectors recorded a sharp acceleration in revenue growth during the qua...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.