Debt servicing ability of most large firms still weak: Report
Bloated credit profiles of corporates make their balance sheets vulnerable due to challenges from infrastructure, commodity meltdown and low consumption demand, leaving their interest coverage ability very weak, says a report.
Jul 03, 2016, 14:16 PM ISTOmaxe's gross debt reduced by 42% in 5 years
In the last 5 years, the company has seen its debt-equity ratio coming down by close to 60 percent from 1.15 in FY'10 to 0.48 in FY'14.
Jun 24, 2014, 18:48 PM IST