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Welcome To IANS Live - TopStory - ICRA downgrades ratings of Shapoorji Pallonji

The downgrade in the ratings of Shapoorji Pallonji and Company Private Limited (SPCPL) factors in the delay in securing the requisite working capital limits, which has impacted the engineering, procurement and construction (EPC) operations in FY2023, resulting in modest profitability and muted debt coverage metrics compared to ICRAs earlier estimates.The
New Delhi Shapoorji Pallonji Company Private Limited One Time Restructuring Developing Implication Developing Implications

Welcome To IANS Live - BUSINESS - ICRA downgrades ratings of Shapoorji Pallonji

The downgrade in the ratings of Shapoorji Pallonji and Company Private Limited (SPCPL) factors in the delay in securing the requisite working capital limits, which has impacted the engineering, procurement and construction (EPC) operations in FY2023, resulting in modest profitability and muted debt coverage metrics compared to ICRAs earlier estimates.The
New Delhi Shapoorji Pallonji Company Private Limited One Time Restructuring Developing Implication Developing Implications

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