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Resilient India Inc: Indian companies to see stable growth in Q1 FY26; railway & defence related cos projected for significant uptick

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ICRA projects stable revenue growth for India's industrial sector in Q1 FY26, driven by robust domestic demand. Operating profit margins are expected to remain steady, supported by lower interest costs following repo rate cuts. While private capital expenditure is anticipated to be measured, sunrise sectors like electronics and EVs will see increased investment.
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