Following a 9-10 per cent rebound in revenue growth in the last fiscal, India’s home textile industry is set to see 6-8 per cent growth in FY25 riding on resilient demand from the US and expansion in the domestic market, CRISIL Ratings said.
The credit profiles of such companies will remain stable, backed by healthy cash accrual and moderate capex plans on the back of deleveraged balance sheets.
The credit profiles of such companies will remain stable, backed by healthy cash accrual and moderate capex plans on the back of deleveraged balance sheets.