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India's toll collection growth likely to moderate 5-7 pc amid West Asia conflict: Crisil
Toll collection growth in India is expected to slow to 5-7 percent this fiscal year. The West Asia conflict is impacting freight movement and industrial activity. This slowdown is seen as temporary. Toll rates may increase more significantly next fiscal year. This will drive toll collection growth to 8-10 percent. Commercial traffic is the main driver of toll collections.
Prolonged Conflict To Shave 200 Bps Off Corporate Profitability In FY27: Crisil Stress Test
With the conflict and disruptions into their third month and the situation still evolving, Crisil conducted a stress test of 34 sectors, which account for 65% of its rated corporate debt.
High gold prices, import duty hike to drag jewellery demand: Crisil
Indian organized gold jewellery retailers anticipate a 13-15% sales volume decline this fiscal due to high gold prices and import curbs. Despite this, robust revenue growth of 20-25% is expected, driven by higher realisations, leading to stable credit profiles.
FMCG sector to log 8-10% growth despite margin pressure: Crisil
India's FMCG sector anticipates 8-10% revenue growth this fiscal. Price hikes will drive this expansion. However, volume growth is set to slow down. Inflationary pressures and monsoon forecasts will impact consumer demand. Profit margins are expected to decline. Companies are focusing on cost efficiencies to manage the situation. Credit profiles are expected to remain stable.
India’s financial conditions remain tight amid oil shock, rupee weakness and FPI outflows: Crisil - The Times of India
India’s financial conditions remain tight amid oil shock, rupee weakness and FPI outflows: CrisilThe Times of India
Sun Pharmaceutical receives credit ratings from CRISIL and ICRA
Sun Pharmaceutical Industries (Sun Pharma) announced that CRISIL has reaffirmed the rating of the company's long term bank facilities at CRISIL AAA and short term bank facilities and commercial paper at CRISIL A1+.
Road projects under hybrid annuity model have stable credit risk despite execution delays: Crisil
In India, a wave of road construction projects is hitting snags, primarily due to the complexities of a hybrid annuity model. While this has resulted in postponed timelines, the credit profiles of these initiatives remain secure due to strong protections in their concession agreements. The biggest hurdle? The often cumbersome process of acquiring the necessary right-of-way.
India flexible workspace market to expand up to 18% on GCC, startup demand: Crisil
India's flexible workspace sector is poised for significant growth. Capacity is set to rise by 16-18% over the next two fiscal years, reaching 140-145 million sq ft. This expansion is driven by strong demand from various businesses seeking agility and cost savings. Flex operators are adding new spaces, including in tier II cities, with substantial investment planned.
Alcobev margins to drop 150–200 bps as glass bottle shortage drives up costs: Crisil
India's alcoholic beverage industry is grappling with profit pressures this financial year. The skyrocketing costs of glass bottles, attributed to global supply chain disruptions, are set to impact earnings significantly. The pace of revenue growth is also anticipated to decelerate. Nevertheless, companies are adopting careful financial strategies to navigate these turbulent waters.
Crisil receives income tax assessment order for FY23 with ₹149 crore demand; to file appeal
Shares of Crisil Ltd ended at ₹4,355.00, up by ₹20.55, or 0.47%, on the BSE.
Stock market update: Shares of this company in focus as it receives CRISIL BBB+ rating- Check full details - India.Com
Stock market update: Shares of this company in focus as it receives CRISIL BBB+ rating- Check full detailsIndia.Com
Indian diamond polishers to witness 6-7% revenue growth in FY27 to $15.5 bn: Report
The growth will ride on increased exports to the US following the interim trade deal that eliminated the 25 per cent reciprocal tariff on Indian gems and diamonds, effectively bringing down the US tariff to zero, though the escalating Middle East conflict could prevent diamond polishers from fully benefiting from it, Crisil Ratings said.