Tag: Crisil

Multiplex revenues set to cross pre-pandemic levels in 2022-23: Report

Revenues of multiplexes are set to cross pre-pandemic levels this financial year 2022-23 as more people are queuing up to watch movies after the pandemic-forced hiatus, said rating agency CRISIL Ratings.

September 21, 2022

Banks gross NPA to improve to 4% by next fiscal: CRISIL

The gross non-performing assets (NPA) of the banks are expected to improve 90 basis points on-year to 5 per cent this fiscal year and another 100 basis points to a decadal low of 4 per cent by next fiscal, rating agency CRISIL said in a release.

September 21, 2022

Crisil rewards GVC Level 1 corporate governance rating to Bharti Airtel

Last month, the telco had reported a net profit of Rs 759 crore for the January-March quarter.

June 11, 2021

Crisil fears large cos to benefit from RBI sops for contact-intensive sectors

Crisil said it rates 6,800 mid-size companies, excluding those engaged in the financial sector, and 4,700 of those are small and medium enterprises (SMEs).

June 5, 2021

2nd wave of Covid threatens economic growth: Crisil

The Crisil report noted that the first half of fiscal year 2022 would be supported by a base effect but it would be clouded by the pandemic's spread.

May 11, 2021

Top 5 steelmakers seen lowering debt by Rs 35,000 cr this year and next: Report

The five steelmakers could cut Rs 25,000 crore of debt this fiscal. Next fiscal, despite capex rising by 15 per cent, they can slice debt by another Rs 10,000 crore.

March 16, 2021

No AMC has over 10% exposure to debt funds: Crisil

In a radical shift from the current methodology where the call option date of the bond was considered for calculation, the regulator has also directed MFs to value perpetual bonds (AT1) based on a 100-year maturity.

March 15, 2021

India’s GDP growth to rebound to 11% in FY22: Crisil

Besides, it said that trade has also normalised faster than the rest of the economy, with both exports and imports scaling pre-pandemic levels.

March 10, 2021

Organised B&M retail’s revenue could grow 23-25% next fiscal: Crisil

"For the record, sales had recovered to over 80 per cent of pre-pandemic levels in the third quarter and are expected to recover almost fully by the close of the current quarter," Crisil said in a statement.

February 18, 2021

Fiscal deficit of states to hit peak of Rs 8.7 lakh cr as tax collections slide

With this, the states' aggregate gross fiscal deficit (GFD) will not only get expanded to an all-time high of Rs 8.7 lakh crore, or 4.7 per cent of GSDP.

January 21, 2021

Crisil revises India’s GDP contraction to 7.7 pc in FY21

A faster-than-expected revival in activity in the second quarter, which continues into the festive season, is one of the reasons for the revision, the agency said in its research report.

December 15, 2020

Only 1% of Crisil-rated non-MSME companies may opt for one-time debt recast

Early into the lockdown, 968 companies, or nearly 27 per cent of the sample set, had opted for the moratorium allowed by the RBI. As much as 98 per cent of these are not seeking an OTDR.

November 17, 2020

Crisil expects bank credit to grow by up to 1 pc in FY21

It had earlier estimated the banking industry's NPAs to surge to 11.5 per cent of the overall assets in FY21.

October 1, 2020

75% companies availing moratorium are sub-investment grade: CRISIL

While the moratorium ended on Monday, debt restructuring announced by the RBI recently can play a crucial role in supporting the credit profiles of the mid-sized companies.

August 31, 2020

‘Economy unlock will curb fleet operator revenue fall to 15% this fiscal’

Fuel constitutes more than 50 per cent of the operating cost. While diesel prices are 12-14 per cent higher on-year, freight rates on major metro routes have not yet increased commensurately.

August 28, 2020

Construction sector to see 12-16 pc decline in investment in FY21: Crisil

The decline in investment factors in lower capex by central and state governments due to diversion of funds towards healthcare, public welfare and social obligations.

June 4, 2020

India’s worst recession is here, says Crisil

CRISIL also foresees economic activity in states with high Covid-19 cases to suffer prolonged disruption as restrictions could continue longer.

May 27, 2020