Corporate Earnings Tightrope: Experts Warn of Muted Q1 FY27 as $108 Oil Tests Margin Resilience

India Inc. is bracing for a muted but not catastrophic start to the new financial year (FY26-27), as a combination of a high base effect, cooling consumption, and surging energy costs cloud the Q1 earnings outlook. With Brent crude hovering near $108 and the rupee hitting historic lows of 94.5, experts warn that the double-digit growth seen in previous years is structurally unlikely to repeat.