Iran Conflict Threatens India's Corporate Earnings, Oil Prices a Major Risk: Report

• Prolonged Iran conflict poses downside risk to Indian corporate earnings, warns Kotak Institutional Equities report.
• Higher oil and gas prices, if the conflict lasts beyond a few weeks, threaten to weigh on the economy and markets.
• Foreign investor sentiment has turned cautious due to India's vulnerability to oil supply disruptions and potential current account deficit.
• Elevated energy prices could increase input costs, fuel inflation, and widen India's import bill, impacting corporate profitability.
• While domestic factors offer some support, geopolitical developments, especially oil/gas supply disruptions, remain key risks.