Credit RatingsCredit Rating- Revision

CRISIL Ratings has upgraded Robust Hotels Limited's long-term rating to 'BBB+/Stable' (from BBB/Stable) and short-term rating to 'A2' (from A3+) for its Rs. 170 Cr bank facilities.

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Robust Hotels LimitedRHL · Filed with the exchange

The upgrade reflects a sustained improvement in business risk profile, driven by higher average room rates and operating margins at its Chennai property.

Strong financial health and comfortable liquidity also supported the positive change.

Read the original filing(PDF)

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