Crisil Retains Ratings On Adani Group Cos

New Delhi: Crisil Ratings on Friday reaffirmed its strong credit ratings for Adani Group companies in its latest report released on Friday. Despite recent legal developments, including a US indictment followed by materially false and misleading coverage, the agency has maintained a positive outlook on the group’s companies and entities.

Crisil said that it has rated 28 companies of the Adani Group. The agency highlighted the group’s robust financial profile, strong business fundamentals, and diversified infrastructure assets.