FY25 credit quality outlook positive for Indian companies: Crisil

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Crisil expects positive credit quality outlook to persist in the first half of the current fiscal year, with upgrades likely outnumbering downgrades...

NEW DELHI : The credit quality outlook for Indian firms is positive for fiscal year 2025 (FY25), rating agency Crisil on Monday..

With balance sheets in most sectors at their healthiest, capacity utilisation around peak levels and expected interest rate cuts, a broad-based pick-up in private capex is finally in sight," said Gurpreet Chhatwal, managing director at Crisil Ratings..

The agency has identified 21 out of 26 corporate sectors with strong to favourable credit quality outlooks for FY25, thanks to robust balance sheets and healthy operating cash flows..

All 12 infrastructure sectors have strong to favourable credit quality outlooks, benefiting from government initiatives in renewable energy and logistics, the rating agency said..

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