₹ caprice to spell earnings turbulence for some Indian sectors: CRISIL
The rupee’s recent sharp volatility against the US dollar amid continuing geopolitical uncertainties is set to dent the earnings of some sectors by up to 250 basis points in FY26, according to CRISIL Ratings. However, the overall impact on the credit profiles of companies in the rating agency’s portfolio is seen neutral. A depreciating rupee could drive up earnings of the home textile sector.
The rupee’s recent sharp volatility against the US dollar amid continuing geopolitical uncertainties is set to dent the earnings of some sectors by up to 250 basis points in FY26, according to CRISIL Ratings.
However, the overall impact on the credit profiles of companies in the rating agency’s portfolio is seen neutral.
A depreciating rupee could drive up earnings of the home textile sector.
