Search For "credit metrics"
Fitch lowers risk for credit metrics of Indian oil marketing firms
Updated : 5 years, 1 month ago IST
Mumbai (Maharashtra) [India], February 16 (ANI): The sustained strength of marketing margins and recovering demand for petroleum products is supporting the profitability of India's oil marketing companies against weak gross refining margins (GRMs), thereby lowering downside risks for thei
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Ind-Ra downgrades Safety Controls & Devices to BB with negative outloo
Updated : 5 years, 2 months ago IST
Mumbai (Maharashtra) [India], January 15 (ANI): India Ratings and Research (Ind-Ra) has downgraded Safety Controls & Devices Pvt Ltd's (SCDPL's) long-term issuer rating to BB with a negative outlook from BB-plus.
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Pharma sector revenue, margins likely to remain healthy in FY22: ICRA
Updated : 5 years, 3 months ago IST
New Delhi [India], December 24 (ANI): With inelastic demand for drugs and resumption of production to the near pre-Covid levels by Q3 FY21, revenue growth for Indian pharmaceutical market is expected to be 7 to 9 per cent in FY21 despite muted growth in Q1 FY21, according to investment infor
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Companies look past pandemic as work and leisure patterns shift: S&P
Updated : 5 years, 3 months ago IST
Singapore, December 14 (ANI): COVID-19's effect on industries has varied dramatically and will continue to be felt for years in terms of the growth outlook, financial policy and credit metrics, S&P Global Ratings said on Monday.
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Gas price reduction will lower earnings for ONGC, Oil India: Moody's
Updated : 5 years, 5 months ago IST
Singapore, October 5 (ANI): The recently-announced 25 per cent reduction in domestic natural gas prices to 1.79 dollars per million British thermal units (MMBtu) from 2.39 dollars per MMBtu on a gross calorific value basis is credit negative for upstream companies like Oil and Natural Gas Co
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Credit metrics of leading pharma companies to remain stable: ICRA
Updated : 5 years, 6 months ago IST
New Delhi [India], Sep 26 (ANI): The global demand scenario for Indian pharmaceutical industry is largely expected to remain stable due to inelastic nature of prescription drugs, investment information agency ICRA has said.
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Covid-19 disruptions exacerbate credit quality deterioration for India Inc
Updated : 5 years, 6 months ago IST
Singapore, Sep 11 (ANI): The aggregate earnings before interest, taxes, depreciation and amortisation (EBITDA) for 22 rated Indian non-financial companies will fall by 24 per cent in the current financial year, global rating agency Moody's said on Friday.
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Airlines profitability to be eroded due to lower revenues, high fixed cost
Updated : 5 years, 6 months ago IST
New Delhi [India], September 8 (ANI): Domestic air passenger traffic is likely to witness a de-growth of 41 to 46 per cent in the current financial year while international traffic may see a fall of 65 to 72 per cent, according to investment information agency ICRA.
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Credit quality weakens for A-Pac metals and mining on economic slowdown
Updated : 5 years, 6 months ago IST
Singapore, September 3 (ANI): The aggregate earnings before interest, taxes, depreciation and amortisation (EBITDA) for 24 rated mining and mining services companies in the Asia Pacific will decline around 10 per cent to 53 billion dollars in 2020 from 59 billion dollars in 2019, Moody's Inv
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Moody's downgrades Tata Motors to B1, changes outlook to negative
Updated : 5 years, 9 months ago IST
Singapore, June 19 (ANI): Moody's Investors Service has downgraded Tata Motors Ltd's (TML's) corporate family rating (CFR) and the company's senior unsecured instruments rating to B1 from Ba3.
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A-Pac banks rating actions highlight importance of sovereign support: Fitc
Updated : 5 years, 9 months ago IST
Hong Kong, June 19 (ANI): Asia Pacific emerging market (EM) banks whose ratings benefit from sovereign support could be affected if the economic impact of coronavirus deepens and governments' policy responses fail to adequately mitigate risks to the economy, Fitch Ratings has said.
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Moody's downgrades ONGC to Baa2 with negative outlook
Updated : 6 years ago IST
Singapore, Mar 24 (ANI): Moody's Investors Service on Tuesday downgraded Oil and Natural Gas Corporation Ltd's (ONGC's) local and foreign currency issuer ratings to Baa2 from Baa1.
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