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ICRA: Strong balance sheets of India Inc. set to withstand global uncertainties
April 02, 2025
|The Business Guardian
India Inc. has emerged in a strong financial position as it braces for potential global uncertainties, with its balance sheets showing resilience despite challenging economic conditions.
According to ICRA, FY2025 marked the fourth consecutive year of credit profile improvements, with the credit ratings of 301 entities being upgraded compared to 150 downgrades, maintaining a healthy credit ratio of 2.0x.
This trend highlights the growing financial strength of Indian corporates, which have benefited from an extended period of deleveraging and consistent profit growth.
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The Business Guardian
THE RED FORT CAR BLAST: A FORENSIC LOOK AT THE PLOT
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JSW Energy inaugurates India’s biggest green hydrogen plant in Karnataka
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Sympathy has no value if Govt can't provide ambulance, says AAP's Bharadwaj
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Bank of America...
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International workplace group adds new regus at m3m urbana centre in gurugram, as demand for flexible and platform working continues to accelerate
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