Corporate News     31-Oct-23
Raymond receives ratings action from CRISIL
Raymond has received credit ratings from CRISIL as under:

Total Rated Facilities - Rs.2978.31 crore (Reduced from Rs.3427 crore)

Long Term Rating - CRISIL AA/Stable (Upgraded from 'CRISIL AA-'; Removed from ‘Rating Watch with Positive Implications' on facilities amounting Rs.1,438.31 crore; Rating Withdrawn on facilities amounting Rs.448.69 crore)

Long Term Rating - CRISIL AA-/Watch Developing (Revised from ‘Rating Watch with Positive Implications' to 'Rating Watch with Developing Implications' on proposed rupee term loan facilities amounting Rs.250 crore)

Long Term Rating - CRISIL AA-/Watch Developing (Continues on ‘Rating Watch with Developing Implications' on facilities amounting Rs.470 crore)

Short Term Rating - CRISIL A1+ (Reaffirmed)

Non-Convertible Debentures Aggregating Rs.275 crore - CRISIL AA-/Watch Positive (Withdrawn)

Rs.550 crore Commercial Paper - CRISIL A1+ (Reaffirmed)

Previous News
  Raymond reports consolidated net loss of Rs 156.51 crore in the June 2021 quarter
 ( Results - Announcements 30-Jul-21   08:08 )
  Raymond rises after strong Q4 performance
 ( Hot Pursuit - 17-May-22   10:50 )
  Raymond to convene board meeting
 ( Corporate News - 11-May-22   12:47 )
  Raymond consolidated net profit rises 30.24% in the December 2018 quarter
 ( Results - Announcements 24-Jan-19   16:47 )
  Raymond to announce Quarterly Result
 ( Corporate News - 03-Jan-20   17:13 )
  Raymond consolidated net profit rises 366.45% in the March 2022 quarter
 ( Results - Announcements 17-May-22   08:12 )
  Raymond to announce Quarterly Result
 ( Corporate News - 18-Jan-24   15:15 )
  Raymond slides 12% in seven days
 ( Hot Pursuit - 22-Nov-23   15:27 )
  Raymond reports net loss of Rs 12.99 crore in the March 2013 quarter
 ( Results - Announcements 27-Apr-13   09:10 )
  Raymond announces acquisition of Robot Systems
 ( Corporate News - 11-Sep-15   11:35 )
  Raymond consolidated net profit rises 198.25% in the September 2022 quarter
 ( Results - Announcements 03-Nov-22   16:33 )
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