CRISIL reaffirms AAA rating on bank facilities at around Rs 1,655 crore
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CRISIL has reaffirmed its highest rating of CRISIL AAA/Stable for long-term and CRISIL A1+ for short-term bank facilities of LTM Limited, totalling around Rs 1,655.25 crore. In fiscal 2026, the company posted consolidated revenue of Rs 43,402 crore, up 11 percent, with operating margins improving to 19.9 percent. Net worth stood at Rs 22,809 crore with liquidity of Rs 9,974 crore, and the company remains net debt-free. The Randstad tech business acquisition of around 160 million euros is expected to be funded through internal cash.
Highest credit rating reaffirmed, signalling strong financial health, low debt and stable outlook, which is positive for shareholders.