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India Ratings (Ind-Ra) affirmed Indo Tech Transformers' long-term rating at 'IND BBB+' for its bank loan facilities. The outlook for existing INR 400 Cr facilities was revised to Positive from Stable, and new INR 120 Cr facilities were assigned 'IND BBB+/Positive'. This reflects significant operational improvement, healthy EBITDA margins, and comfortable credit metrics in FY26, with further growth anticipated.