Press Release

Insitghhatetsm power Octo2b9e2,r0 26 BSEL imited NatiSotnoaEclxk c haonfIg ned Liiam ited PhirJoezeej eTeobwheorys ExchaPnlgaez a, DalSatlr eet PlnootC. / G1B ,l ock Mumb4a0i00 0l I,n dia BandraC-oKmuprlleax ScrCiopd 5e3:2 835 Band(rEaa st) Mumb-a4i00 05 1I,n dia SymboIlC:R A DeaSri r/Madam, SubP.r:e-rsesl eoants heue n audfiintaendcr ieaslu lts Purstuoat nhatep plirceagbulleoa ftt ihSoeen csu raintEdix ecsh aBnogaeor fdI ndia (ListOibnlgi gaatnidDo inssc loRseuqruei reRmeegnutlsa)2t 0i1o(5n" sL,i sting Regulatpiloenfiasns"dee) n,c laop sreedrs esl eoants heue n audfiintaendrc eisaull ts (standaancldoo nnseo loifdI aCtRAeL di)m ifotret dhs ee coqnuda rtaenrhd a ylef ar endSeedp te3m0b2,e0 r2 6. Kindtlatykh eae b oovnre e cord. Regards, Sincerely, (SS.h akReabh man) CompaSneyc r&e Ctoamryp liOaffincceer EncAlsA. b:o ve ICRLAi mited RegistOefrfeiBdc- e7:S1 t0a,t esHmoauns1 e4,B8 a,r akhaRmobaadN ,e wD el1h1i0 0T0e1+l.9. 1 -ll-23357940-41 3r&d4 tFhl oEolre,c MtarnisciA opnp,a saMhaerba tMhaer Pgr,a bhadMeuvmib,a i-400025 @ i{;b www.icra.in� info@icraindia.+c9o1m- 93547-38909 000033 � 022-616933C0I0:NL 74999Dll991PLC042749 ICRA Insitghheatmtspo wer Q2F Y20R2E7S UPLRTESRS ESL EASE Octo2bt9e,h2r 0 26 Revefnruoeom p eraQt2iF oYn2s0u 2pb7 y3 0.2H%lF; Y 20u2pb7 y3 07.% Proaffitttea (rxP AQT2F) Y 20u2pb7 y9 .2H%lF; Y 20u2pb7 y2 0.0% MumbaIiC:RL Ai miatnneodu intcse dfr oetrshs ueel ctqosun adr atnhedar l fe-nydeSeaedrp te3m02b,0e 2ro6 nO, c tober 29t2h0,2 6. Consolriedvaeftnreuoodemp eraitnicornbesya3 s0e.td2,o %1 77c.r9of orrte h see cond eqnudSaeerdpt teerm ber 202c6o,m patro1e,3d 6 c.r6oi rtneh c eo rresqpuoanrodttfieh npregr evyieoaTurhsP.e A iTn crbeya9 s.e2td%o5 ,2 .4 crofrre,o 4 m8c.r0o irtneh c eo rresqpuoanrodtftie hnpregr evyieoaurs. Consolriedvaeftnreuoodemp eraitnicornebsya3 s0e.td7o %3, 4 1c.r2of roterh h ea lfe-nydeSeaedtrp e mb2e0r2 6, compatro2e,6d 1 c.r1oi rtneh c eo rresppeornoidtfoih dpne rg e vyieoaTurhsP.e A foTrt hhea lfe-nydeSeaedrp tember 202i6n crbeya2 s0e.td0o %1, 0 8c.r9of rre,o 9 m0 c.r8o irtneh c eo rresppeornoidftoi hdnpe gr evyieoaurs. Thceo nsolriedsafutolQert2da s n Hdl F Y20i2n7c ltuhfdeie n ancial ofpF eirnftIoenrldPmliraiainx vLc aietm ei ted (FintaeclqluiiiOnrxc e)td,o ber 2025. Commenotnti hnrege suMlr.t sR,a mKnraitshh MnDa &n G,r ouCpE OI,C RLAi mitseadi",dO :uR ra tibnugssi ness recobrrdoeadd -gbraoswdetudhr t ihnqegu arstueprp,ob ryct oendt iennugeadg ewmieatgn hrt o wcilnibgea nsIten . Ri&sA kn albyrtiincogsui,brn u gs inoenstasco eo sm moopne rpatliantigfas on ir mmp orsttaeanplt,l ouwsti osn egr ve clireindstaksat,'na rd e gulnaeteiodnrsm y oa ri en tegmraantnAeestdr h .oe p ereantviinrgo envmoelonvutper rs i,o rity itsop aainra lryitgiwociuastrlch a tlobe u illadsv tailnfourgse t akeholders." Q2F Y20c2o7n titnobu ueiodln Id C RsAt'rsso tnagk eholdera ntedhn ogualggeheatmd eeinrntsti hitiviApeak se.y higholtfi hgqehu ta rwtaeIsrC RIAn'fsr asatnrCduo crtpuoCrroean tcehl eailvDndee ,l ohnAi u g2u0s2,t0 2w6h,e Drre. AshKoukm Laarh irCih,a iVrNimIcAaTeanI y, o g, tdhekele iyvnseoprteeeoed ncr h e frapmeirnsgp eocnct oirvpeosr ate Indainiadn frasatmrieudvc otluhvreiean dgw Tihneedv seb.nr to utgohgtes tehneoirffo ircf iraollmes a dbiannagkn sd corpoprraotveaisp d,li antgff omorer nami ndgifaulloo nkg eudyee velosphmaeptnihtinesng f rasatnrcduo crtpuorrea te sectors. Durtihnqegu arItCeRcrAo, n du1c7ot uetdr eevaecnahtl sow,ni gtf hom uarr kweetb iannafdri smv eed wieab inars, provsitdaiknegh aontldhd meee rdswi iait nhs iignhettvoso livnidnutgsr teranyndp dsu bli1s4ih2n eddu rsetsreya rch reports. IndGiDagP'r so wiltsih k teohl ayvr ee mahienaeldat tah byo vei nQ7 2.F 0Y%2 0w2h7ie,la es sionmge wfhraottmh e stronger-tphraionnf7-t .e 8xr%pee ccotirenQdd leF dY 20L2o7o.ka ihnegat dho,eu tlfooaorgk r icaunlrdtu urrael demarnedm acilnosub dyte hdie m poafct htde e fimcoinesnaotno EdnNl i ncoo ndiotnri aocbnriso w phsi,wc ohu ld likmealnyii fnewtseota kceorn sumiptnt hnieeo atnre rBme.s itdhseets r,bo ansogefG SrTa tionwaoluialsldas toi on weiognvh o lugmreo twrteht nhdrso Hu2Fg Yh2 0F2u7r.te hleervi,an tppeurdti w coeusil mdp garcotiw vnta hl ue-added ofb usinwehsisrleiess ,ii nnfgl aanttdih ooenn soefmt o nettairgyh tweonuislntdga rt owneh ioguhsienhgo ld consumFpitssicloainlp.r p iascgkoesum ladn iifnectsuotit dnsi screstpieonnbdaytir hnyeg govwehrinwcmoheu nltd, alismop garcotwo tuht comes. Rati&na gnsc ryi sllearvirceevse fnoutreh qeu artueprb y1 7.3H%a;lye fa-urp b y1 5.2% ICRrAe'vse gnruoewi tnQh 2F Y20w2a7ss u ppobrybt reoda d-ebxapsaenadsc iroaonlss les g meinntcsl,bu adnikn g crebdointcd,os m,m epracpiaeanrlsd e curiBtaincskra etgdirioebtnwy2 . 1 .y4e%a r-oanse- lyeevabarot,nye did e lds amigde opoulnicteircptaraloi mnpbttoyer dr otwose hrtisoft w abradnfsku ndNienvge.r tthoetblaoelnis dss s,u ances remahienaelddtu hrtyih nqegu arstueprp,ob ryst eevdle arragle t-rtaincskaAeccttt iiaovlnsisstto.ry e ngttohweanredds theen odft hqeu aratsie srs,ua cecrests hsbeeo dnm da rkienat n ticoifpaf a utritrohinies nyre i ealhdesoa ftd h e expercathteiedkB ee.n effirtoalim on bwga istenh ceo rresqpuoanrodttfieh npregr evyieoaourvs,e b roanlidls suances grebwy3 9.i9nQ% 2 F Y20w2h7ii,ls es uiannH clFe Ys2 0i2n7c rebay3s .e7yd%e ar-oBna-ncykre eagdrri.ot ww tahs #35YearsofUnwaveringCredibility www.icra.in Insitghheatmtspo wer broad-abcartsohesredse tiainld,u asntsdre iravlsi eccetCsoo rmsm.e pracpioeaurlt staalnrsdooiss nhega rapttl hye enodfQ 2F Y20r2e7f,l ehcitgwihonergrk ingr-ecqaupiiratemamilred in stpisrn igac necdso mpapnrieefse'fr oern ce lowers-hcoorstft-u tnedwrihmnib glo eny di erledmsa eilneevdNa BtFecCdos.n titnoru eoelndsy e curittori esdautcieo n fundcionsagtn dsdi vetrhsefiiufrny ds ionugr ces. ICRcAo ntitnosu terse nigtotsuh ternae nafdcr ha nchise-idneivteiclaootnpitmvreeitnsboat,u n e t xipnagno sfii tosn ovecrlailbelan swteh imlaei ntaaf ionciuanspgep dr tooga rcohsw etghm oeftn hteesc onomy. Ris&kA nalytriecvse fnoutreh qeu arteurpb y5 2.:2H %alyefa-urp b y5 5.4% Ri&sA kn alryetviecgnsru oefw ottrhhq eu aratnhedar l fp-ryiemararer filtlehycce ot nss oloifFd ianttBieaolnnlk iTxe.c h beneffrioctmoe ndt idneumeafdnor dri a snkrd e gulsaotlourptyai rotnisfc,ru oelmxa irscltlyii nweghn itClsaTe,pe cwha s suppobryrt eendea wnandle sow ff eriinncglssu,od liunatgli iogwnnisret edhc ceanptmi atrarklee gtu lKantoiwolnesd.g e Tecrhe marienseidal miiaedun tto matcihoanni-gcnlel esidd e enmta anidd,be yfd a voucruarbrmleoenv ceym Tehnet . segmaelnrsteo a cahnie mdp ormtialnetsb troinniegt,sis an lgce uss,t osmueprpp orrotd,au ncddte lifvuenrcyt ions undaec ro mmforna meTwhopirosks .i Rtii&soA knn sa ltyoot piecrasas aut ne ipfliaetdof ffoerrmci,ln iigen nttesg rated soluat oisorsni sds akat,na rd e gulnaeteodrsy. ManagDi_nigr& eG crtoCouErpO Fofru rthienrf ormpalteiaocsnoe,n tact: @) VenkatVeiwssahn athan GroCuhpiF eifn aOnffciicaelr NazPnriond hani HeaGdr oMuepd &i a Communications Email: nazpnriond.h@aicnriaindia.com Te+l( :911244)5 45300 ©C opyr2i0g2Ih6Ct RL,Ai miAtlRelid g.Rh etsse rved. Aliln formcaotnitoahnie nreehdai bsne eonb tabiynIe CdRf Ar osmo urbceelsi beyvi ettdo b ea ccuarnardte el iAalbtlheo.u gh reasoncaabrhleaeb se etna kteoen n sutrheta thi en formhaetriieotsinr n u seu,ci hn formiapstr ioovn'i adiesswd 'i thaonuyt warroafna tnkyyi nadn,Id C RiApn a rtir:ncauklneaosrr e ,p reseonrwt aartriaeonxntp yro,eri s msp laiste otd h,ae c rcauctyi,m eliness orc ompleotfae nnsyeu scishn formAaltsIioCo,Ron Ara. n oyfi tgsr ocuopm pawnhiieplsue,b liosroh tihnegrd wiisssee moitnhaetri ng repomratyhs a vper esednatteaadn, a laynsde/osop ri ntihoamntas y b ei nconswiisttthhed ena tta an,a laynsde/osop ri nions preseintnth epidusl b icaAtliilno fno.r mcaotnitoahnie nremedui sbnte c onstsroulaeessdl t ya teomfoe pnitnsai noIdnC ,Rs Ah anlolt bel iafboalrne ly o sisnecsu bryur seedfr rsoa mn uys oeft hpiusb liocria ttcsio onnt ents. Disclaimer: ThPirse Rseesla sibese itnrga nstmoyi otfuto terhds e o pluer poofds ies semti [Showing first 8,000 characters — download PDF for full document]