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Hospitality sector records 23 upgrades in FY24: ICRA

Hospitality sector records 23 upgrades in FY24: ICRA

According to ICRA, FY24 continued the trend of upward mobility, with two entities upgraded for every downgrade. The hospitality sector emerged as the standout performer, boasting 23 upgrades and a remarkable 37% upgrade rate, without

Liquor
ICRA forecasts margin improvement for Indian Alcoholic Beverages Industry in FY2025

ICRA forecasts margin improvement for Indian Alcoholic Beverages Industry in FY2025

ICRA estimates revenue growth of 8-10% for its sample set of domestic alcohol beverages (alcobev) companies in FY2025. While Indian made foreign liquor (IMFL) companies are expected to witness 11-13% revenue expansion supported by preference

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Indian Hotel Industry Set for 7-9% Revenue Growth in FY25: ICRA

Indian Hotel Industry Set for 7-9% Revenue Growth in FY25: ICRA

The Indian hotel industry is expected to register a revenue growth of seven to nine per cent in the next financial year 2024-25, according to a report by credit rating firm ICRA (Investment Information and

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