Kovilpatti Lakshmi Roller Flour Mills Ltd — Important, 17-04-2026: Company Update
17-04-2026 | 06:29 pm
17-04-2026 | 06:29 pm
Kovilpatti Lakshmi Roller Flour Mills Limited has received a revised credit rating from CRISIL Ratings Limited, which has been downgraded. The previous rating of CRISIL BBB/Negative for most facilities, totaling 91.00 Cr across various cash credit and loan facilities, is now CRISIL BBB-/Stable. CRISIL cited a moderation in the company's business risk profile due to an estimated decline in operating margins and revenue in fiscal 2026. The company maintains that its operations are normal and it is focused on strengthening its financial position. This update indicates a change in perceived financial health for investors.
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