Search For "icra ratings"
Cement industry in India consolidating, market shares of top companies gro
Updated : 2 years ago IST
Backed by healthy demand prospects for the sector, large cement companies are looking to increase their capacity and maintain market share through, organic and inorganic expansions.
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Credit quality of India Inc strengthens in April-Sept 2022: ICRA
Updated : 3 years, 8 months ago IST
Mumbai (Maharashtra) [India], October 3 (ANI): The credit quality of India Inc continued to strengthen in the first half of the current financial year, carrying on with the momentum set in motion since the beginning of the financial year 2021-22, rating agency ICRA said on Monday.
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Banks' asset quality remains monitorable despite lower increase in NPAs: I
Updated : 5 years, 2 months ago IST
New Delhi [India], April 6 (ANI): Despite a decline in reported gross and net non-performing assets (NPAs) by banks, their assets quality continues to remain monitorable, ICRA Ratings has said.
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Moderation in asset quality pressure to drive earnings growth for banks: I
Updated : 5 years, 5 months ago IST
New Delhi [India], December 29 (ANI): Improved asset quality and consequently lower credit provisions can drive better profitability for banks and provide impetus to lenders and rejuvenate their lending decisions, ICRA Ratings has said.
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Coal India likely to miss FY20 production guidance by 55 to 75 million ton
Updated : 6 years, 8 months ago IST
New Delhi [India], Oct 8 (ANI): ICRA Ratings has estimated Coal India Ltd's (CIL's) production to fall short of its current fiscal's full-year target of 660 million tonnes by about 55 million to 75 million tonnes.
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Margin pressure to persist for pharma companies: ICRA
Updated : 6 years, 8 months ago IST
New Delhi [India], Oct 5 (ANI): The growth and profitability of Indian pharmaceutical companies in current financial year will be constrained by regulatory interventions like price controls in domestic market and compulsory genericisation in overseas market, according to ICRA Ratings.
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Benefit of corporate tax rate cut for India Inc to boost incremental inves
Updated : 6 years, 8 months ago IST
New Delhi [India], Sep 28 (ANI): ICRA Ratings has said that the recent corporate tax rate cut announcement by the central government with the intention of pump-priming economic growth, attract more investments and ultimately spur consumption augurs well for the industry.
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India Inc's revenue growth falters to 11-quarter low in Q1 FY20: ICRA
Updated : 6 years, 8 months ago IST
New Delhi [India], Sep 13 (ANI): The cumulative revenue growth of 642 companies in Indian corporate sector skidded to an 11-quarter low at 5.7 per cent in the April to June quarter of current financial year mainly due to weak consumer sentiments and subdued government spending on infrastruct
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Resolution of stressed construction companies a challenge even under revam
Updated : 6 years, 10 months ago IST
New Delhi [India], Aug 5 (ANI): ICRA Ratings said on Monday it sees significant challenges in the resolution of stressed construction companies, which has the likelihood of delaying the process and reducing the realisable value considerably.
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