New Delhi, July 7 -- Corporate revenue growth in India may face a slowdown in the coming financial year due to weaker nominal GDP growth, according to a recent report by Jefferies.

The report estimates that India's nominal GDP growth is likely to ease to 9 per cent in FY26. This would be the second-lowest pace since FY04, excluding the pandemic-hit FY21.

The slowdown in nominal GDP growth is expected, despite stable real GDP growth of 6.5 per cent, mainly due to lower inflation, which is weighing down overall nominal growth.

Jefferies stated that a softer nominal GDP growth could affect several key economic indicators, including corporate revenues and credit growth.

It said "Don't expect corporate revenue growth to bounce materially i...