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'Corporate credit profile remains resilient amid global headwinds'

The Business Guardian

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October 01, 2025

Despite the ongoing global uncertainties, including tariff-related disruptions and geopolitical tensions, the credit profile of Indian corporates has demonstrated remarkable resilience, according to ICRAS latest report.

- TDG NETWORK

'Corporate credit profile remains resilient amid global headwinds'

ICRA stated in the report that its rating actions in the first half of FY2026 underscore the strength of India Inc’s balance sheets and the supportive domestic business environment.

During HI FY2026, ICRA upgraded the ratings of 214 entities while downgrading 75, resulting in a robust Credit Ratio of 29x.

This marks a significant improvement over the Credit Ratio of 2.0x in FY2025 and 2.2x in HIFY2025.

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