Revathi Equipment India Limited — Credit Ratings, 14-02-2026: Credit Rating- Revision
14-02-2026 | 01:23 pm
14-02-2026 | 01:23 pm
CARE Ratings has downgraded Revathi Equipment India's long-term/short-term bank facilities to CARE BBB; Stable / CARE A3+ and short-term facilities to CARE A3+. This change, from CARE BBB+; Stable / CARE A2, is attributed to a slowdown in export and domestic markets, resulting in reduced sales, weaker cost absorption, and operating losses for 9MFY26.
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