Vishnu Prakash credit rating cut after debt servicing delays
pre-market1 source ↓written by the desknot a recommendation
Vishnu Prakash R Punglia Ltd's credit rating has been downgraded to IVR C+/Stable from IVR BB+/Stable due to delays in servicing principal debt obligations on ₹960 cr bank facilities. The company reported a FY26 PAT loss of ₹150.11 cr, raising concerns over liquidity and execution despite a strong order book. 💼
Not investment advice. For informational purposes only.