Kirloskar Brothers' credit outlook raised to positive by CARE Ratings
Kirloskar Brothers Limited (KBL) announced on December 13, 2025, that CARE Ratings Limited has revised the outlook on its long-term bank facilities from 'Stable' to 'Positive'. The long-term rating itself was reaffirmed at 'CARE AA', while the short-term rating remains 'CARE A1+'.
The total bank loan facilities rated by CARE Ratings amount to INR 25 crore. This revision in outlook reflects an enhanced financial standing for the company. The updated ratings apply to facilities including those from Axis Bank Limited, which has sanctioned fund-based/non-fund based limits of INR 40 crore.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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