Vindhya Telelinks Reports A+ Credit Ratings

Vindhya Telelinks has been reported as ‘CARE A+ Stable’ by Credit Analysis and Research (CARE) Limited on long term basis and ‘CARE A1+’ on short term basis. This information was shared by Vindhya Telelinks in its stock filing dated 8th November 2024.

These credit ratings reflect Vindhya Telelinks’ strong financial stability and low credit risk. The short-term rating is based on a one-year or shorter repayment period, while the long-term rating covers financial obligations extending beyond one year.

Over the past five years, the company reported a Compound Annual Growth Rate (CAGR) of 14% in sales, while profit remained flat with a 0% CAGR.

Additionally, Vindhya Telelinks announced its financial results for Q2 FY-25, and reported a revenue of Rs. 952.67 crore. As of September 30, 2024, the company’s order book stood at Rs. 7,124.51 crore.