B L Kashyap & Sons Secures Credit Boost: A New Era for India's EPC Giant
B L Kashyap & Sons Ltd., a leading EPC company, has received a credit rating upgrade from CRISIL Ratings, improving its long-term rating to ‘CRISIL B+/Stable’. This change highlights the company’s steady growth and enhanced credit health, driven by improved business risk perspectives.
- Country:
- India
B L Kashyap & Sons Ltd., a prominent player in the Engineering, Procurement, and Construction (EPC) sector, has marked a major achievement with a credit rating upgrade by CRISIL Ratings. The company's long-term rating has been elevated to ‘CRISIL B+/Stable’ from its previous ‘CRISIL B-/Stable’, while its short-term rating remains ‘CRISIL A4’.
This significant upgrade reflects the company's consistent performance and the solidification of its credit profile, backed by improved business risk assessments and a robust growth trajectory. The recognition underscores B L Kashyap & Sons Ltd.'s stable financial standing and promising future outlook.
With operations in 12 cities across 8 Indian states, B L Kashyap & Sons Ltd. has over three decades of expertise, boasting a portfolio of more than 250 projects across multiple sectors, including railways, IT campuses, commercial and residential developments, among others. For more details, visit their website at www.blkashyap.com.
Google News