Arvind Ltd announced credit rating upgrades and reaffirmations from both CARE Ratings Limited and CareEdge Ratings. CARE Ratings Limited upgraded Long-Term / Short-Term Bank Facilities amounting to Rs 135.00 to CARE A-; Stable / CARE A2+ from CARE BBB+; Stable, and reduced the amount from Rs 137.00, while also upgrading Long-Term Bank Facilities of Rs 7.50 and Short-Term Bank Facilities of Rs 1.00, with the latter upgraded from CARE A2. CareEdge Ratings applied a parent notch-up framework, assigning a rating based on information from reliable sources and expecting continued benefit from client relationships, with a stable outlook. The company reported a TOI of Rs 90 crore for Q1FY27, a ~35% year-over-year increase, alongside a PBILDT margin of 7.96% for the same period, and a FY26 TOI of Rs 9,335 crore, reflecting a ~12% growth.
