Page 12 - Icra

Home textile exporters to clock 20% growth with healthy margins: ICRA

Indian home textile exporters are set to register robust performance during FY2022

India's textile exporters to see 20-25% growth this fiscal: Icra eport

Sharp surge in demand for home improvement products; strong festive demand seen this year backed by favourable vaccination coverage across key markets

Satellite communication user base may rise to 1.5-2 mn by 2025: Icra

The user base of satellite communication in India is expected to increase to about 1.5-2 million by 2025, clocking revenue of nearly Rs 5,000-6,000 crore annually

Subdued revenue spend may hit economic recovery, say economists

Experts say reduction in revenue expenditure may not result in capex rise

Domestic air passenger traffic recovery continued in July, says ICRA

According to the ratings agency, the growth on YoY basis was 132 per cent.

NBFCs sector will see 50-100 bps increase in 90+dpd in FY22: Icra

But the stress will subside subsequently as collection efficiencies improve and restructuring picks up, says rating agency

Rating firm Icra Q1 consolidated net profit surges 43% to Rs 24.34 crore

Rating firm Icra on Wednesday reported a 43 per cent jump in its consolidated net profit to Rs 24.34 crore for the first quarter ended June 30.

AGR case: Telcos' plea rejection does not go well for sector, says Icra

The rejection of telcos' pleas seeking re-calculation of AGR related dues does not bode well for a recovery in the sector

Only half of UDAN routes operational, Covid-19 to hit scheme further: ICRA

The scheme is funded through a Rs 50 levy on flight tickets on major routes

DCM Shriram defies market mood, hits new high; stock up 65% in a month

On June 29, 2021, rating agency ICRA had upgraded term loan and fund based facilities of DCM Shriram to ICRA AA+ from ICRA AA with a stable outlook

GDP to grow in double digits in the first quarter, says ICRA report

The Indian economy will grow in double digits for the April-June period on the low base of 2020-21 but will still be short of the levels observed in the first quarter of FY20, it said.

Brokerages, securities analysis industry good vehicles to ride bull-run

Larger firms garnering market share amidst good growth in industry

42% NBFCs expect over 15% growth in AUM in FY2022, says Icra survey

Around 42 per cent of non-banking financial companies (NBFCs) expect a growth of more than 15 per cent in their asset under management (AUM) in fiscal 2021-22, says an Icra Ratings survey.

Power demand in India expected to grow 6% for FY22 on YoY basis: Icra

It has also estimated power generation capacity addition at 17- 18 GW for the ongoing fiscal year.

Non-bank financial entities' restructured loans to rise 3.3% by March: ICRA

Covid-19 and lockdowns to slow down its spread have affected the cash flow of borrowers, says agency

Securitisation volumes for NBFCs, HFCs surged to Rs 17,500 cr in Q1: Icra

Securitisation is the process of pooling and repackaging homogenous illiquid financial assets into marketable securities that can be sold to investors.

Securitisation volumes more than double Q1 despite pandemic: Icra

This happened despite the second Covid-19 wave; ratings agency estimates securitisation volumes for FY2022 at more than Rs 1.2 trillion

Overdue loans could spike fresh slippages in H1 of FY22, says Icra

However, restructuring and enhanced funding of Rs 1.5 trillion under government guaranteed credit scheme could provide some relief for lenders

Icra cuts cement, road logistic growth outlook for FY22 due to second wave

Cement volumetric growth seen declining by 10%, road logistics at 6%

ICRA expects 12-14 pc growth for two-wheeler sales this fiscal

Ratings agency ICRA on Thursday maintained its growth forecast for two-wheeler sales at 12-14 per cent for the ongoing fiscal