Credit Rating

The Adani Group has gained access to Japanese capital markets after securing credit ratings from Japan Credit Rating Agency (JCR), marking a strategic step in diversifying its global funding base. The ratings open avenues for yen-denominated financing, offering potentially lower-cost, longer-tenure capital from one of the world’s deepest institutional markets. The move signals renewed engagement with international investors and reflects efforts to strengthen balance sheets through diversified funding sources.

Infomerics, a prominent credit rating agency, has agreed to pay Rs 65.25 lakh to close a regulatory dispute with the Securities and Exchange Board of India (Sebi). The settlement marks the conclusion of allegations concerning procedural lapses identified during the regulator’s oversight review. By opting for a settlement, the agency avoided prolonged litigation and reaffirmed its commitment to maintaining compliance standards. The move is expected to help restore market confidence, especially at a time when regulatory scrutiny of rating agencies continues to intensify.

Credit rating agency ICRA reported a robust financial performance for the first quarter of the fiscal year, recording a 19% year-on-year increase in consolidated net profit to Rs. 43 crore. The growth was supported by sustained demand for credit ratings, enhanced operational efficiency, and steady revenue streams across business segments. The company's revenue from operations also registered solid growth, reflecting the resilience of India’s credit environment and the rising appetite for credit evaluation services amid evolving financial market dynamics.

Crisil Ltd, a leading credit rating and analytics firm, reported a robust 14.3% increase in consolidated net profit for the first quarter of FY25, reaching Rs. 171.6 crore. The performance reflects steady growth across its ratings and research businesses, supported by sustained client demand and strategic investments in technology. Revenue from operations climbed to Rs. 760.2 crore, up from Rs. 665.8 crore a year earlier.