ICRA reaffirms 'A1+' rtg on Avenue Supermarts' enhanced CP of INR 8 bln
This story was originally published at 15:03 IST on 1 May 2026
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--ICRA reaffirms 'A1+' rtg on Avenue Supermarts' enhanced CP limit INR 8 bln
MUMBAI – ICRA Rating Ltd. Thursday reaffirmed and assigned the "A1+" rating on Avenue Supermarts' commercial paper of INR 8 billion, which was enhanced from INR 5 billion, the company said in an exchange filing Thursday.
For the December quarter, the company reported net profit of INR 9.23 billion on revenue of INR 176.13 billion. Thursday, shares of the company closed 0.2% lower at INR 4,585.90 on the National Stock Exchange. End
Reported by Akash Tirlotkar
Edited by Akul Nishant Akhoury
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