Bulletin Updates
Kapoor Industries Ltd: Rating reaffirmed – 2 Feb 2023
Feb 02, 2023
The company creates, produces, and sells textile-made products including bathrobes, terry towels, and bath mats and rugs. After reporting a 46% YoY revenue increase in FY2022, Kapoor Industries Ltd. reported a 15% YoY revenue growth in H1 FY2023 (as per provisional projections), which, combined with solid profitability, improved the company's debt coverage measures.
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