New Delhi, Aug. 20 -- Indian exporters could see some of the benefits from rupee depreciation and elevated prices weaken in the second half of FY27, after these factors supported strong revenue growth in the first quarter, Nuvama Institutional Equities said in a report.

In its Q1FY27 Earnings Review, the brokerage highlighted that export-oriented companies recorded a sharp increase in revenue growth during April-June, with top-line growth rising to 15 per cent year-on-year from 6 per cent in FY26.

"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," ANI reported, citing the report.

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