BusinessPhoto: Business StandardS&P Affirms RIL's 'A-' Rating Citing Jio Listing and Strong Earnings
S&P Global Ratings has affirmed Reliance Industries Ltd's 'A-' long-term issuer credit rating, citing resilient earnings, strong cash flow, and improved funding flexibility after Jio Platforms Ltd's listing. The outlook remains stable. S&P expects RIL's EBITDA to grow 19-23% to ₹2.15-2.25 trillion by FY27, driven by energy and digital services, with oil-to-chemicals business EBITDA rising 30-35%.
Business Standard·




