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    Home - Business - AVP Infracon Receives Positive Credit Rating from Acuité Ratings
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    AVP Infracon Receives Positive Credit Rating from Acuité Ratings

    Abizar AttariBy Abizar AttariJanuary 30, 2025No Comments2 Mins Read
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    AVP Infracon
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    Mumbai (Maharashtra) [India], January 30: AVP Infracon Limited (NSE -AVPINFRA), one of the leading infrastructure development companies, has been assigned a long-term rating of ‘ACUITE BBB’ with a ‘Stable’ outlook and a short-term rating of ‘ACUITE A3+’ by Acuité Ratings & Research Limited for its bank facilities amounting to ₹107 Cr.

    The rating reflects company’s strong operational track record, experienced leadership, and consistent business growth. The company has built a solid reputation in the infrastructure sector, specializing in the construction of expressways, highways, bridges, and flyovers. With a strong order book, healthy profitability margins, and a strong financial risk profile, the company is well-positioned for sustainable growth.

    Acuité Ratings anticipates continued stability in AVP Infracon’sperformance, supported by its expanding order book and strategic execution capabilities. Future rating considerations will be influenced by the company’s ability to sustain revenue growth, manage working capital efficiently, and execute projects within scheduled timelines.

    Commenting on the credit rating, Mr. Prasanna Dhandayuthapani, MD of AVP Infracon Limited, said, “We are delighted with the ‘ACUITE BBB’ rating, which affirms our strong financial standing and operational efficiency. This recognition underscores our consistent growth and commitment to delivering high-quality infrastructure projects.

    As we continue our journey of growth, these ratings will fuel our strategic objectives—scaling operations, expanding market reach, and enhancing technological capabilities. We believe this will strengthen the confidence of our partners, investors, and customers, enabling us to seize emerging opportunities and solidify our position as a key player in the infrastructure domain. Looking ahead, we remain focused on creating long-term value and contributing to the development of reliable and sustainable electrical infrastructure across the nation.”

    If you have any objection to this press release content, kindly contact [email protected] to notify us. We will respond and rectify the situation in the next 24 hours.

    AVP Infracon
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    Abizar Attari
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    I’ve always had a fascination with storytelling. Analyzing diverse perspectives and helping people understanding them simply is my life’s motto. I live to create stories that you’d love to read. When I’m not writing, you'll find me having a leisurely stroll on the beach or in the park.

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