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CRISIL has downgraded RPP Infra Projects' bank loan ratings to BBB/Stable and A3+. This follows a decline in operating profitability over recent fiscals.
RPP Infra Projects Ltd announced that CRISIL has re-affirmed its 'Crisil BBB+/Stable' rating for long-term and 'Crisil A2' for short-term bank facilities totaling ₹557 Crore. The rating reflects the promoters' extensive industry experience and a healthy financial risk profile, despite lower-than-expected operating margins in Q3 FY26.