INDIA EDIBLE OIL REFINERS EXPECT 10 - 12 % REVENUE GROWTH IN FY27 DESPITE DUTY CUTS , ETRETAIL

What happened: Crisil Ratings said India's edible oil refiners are expected to post 10-12 per cent revenue growth this fiscal despite a September import duty cut on crude edible oil. Key numbers: Revenue growth 10-12 per cent this fiscal versus 14-16 per cent last fiscal. Why it matters: The duty cut should temper second-half realisations by 5-6 per cent, but Crisil expects affordability gains to lift consumption, with average realisations 8-10 per cent above last fiscal and stable margins.

Crisil Ratings said India's edible oil refiners are expected to post 10-12 per cent revenue growth this fiscal despite a September import duty cut on crude edible oil.

The duty cut should temper second-half realisations by 5-6 per cent, but Crisil expects affordability gains to lift consumption, with average realisations 8-10 per cent above last fiscal and stable margins.