TV Today Network Limited — Credit Ratings, 23-05-2025: Credit Rating

CRISIL has reaffirmed TV Today Network Limited’s long-term rating at AA but changed the outlook to negative from stable, while keeping the short-term rating at A1+. This reflects concerns over recent financial performance and liquidity pressures despite a strong rating. The negative outlook suggests potential challenges ahead for the company’s credit profile. While borrowing costs remain favorable now, investor confidence could be cautious, and the company’s ability to manage or raise debt may face limitations. The company has outstanding bank facilities of Rs.100 crore.