{"id":581544,"date":"2023-06-02T12:42:15","date_gmt":"2023-06-02T07:12:15","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=581544"},"modified":"2023-06-02T14:30:51","modified_gmt":"2023-06-02T09:00:51","slug":"reliance-industries-ltds-operating-performance-robust-sp-global-ratings","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/reliance-industries-ltds-operating-performance-robust-sp-global-ratings\/","title":{"rendered":"Reliance Industries Ltd\u2019s operating performance robust: S&amp;P Global Ratings"},"content":{"rendered":"<p>Reliance Industries Ltd\u2019s operating performance is likely to remain resilient over the next two years, as the firm\u2019s growing presence in the digital and retail segments will temper softer earnings in the energy business, S&amp;P Global Ratings said on Thursday.<\/p>\n<p>The rating agency affirmed its \u2018BBB+\u2019 rating \u2014 equivalent to the sovereign rating assigned to India \u2014 to Reliance (RIL) with a stable outlook, reflecting the view that RIL\u2019s cash flows will help it preserve its financial profile, despite elevated investments over the next 24 months.<\/p>\n<p>In a statement, S&amp;P said Reliance\u2019s expansion plans for the next two years are manageable. Capex will remain elevated, but lower than the levels of fiscal 2023 (ended March 31, 2023).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reliance Industries Ltd\u2019s operating performance is likely to remain resilient over the next two years, as the firm\u2019s growing presence in the digital and retail segments will temper softer earnings in the energy business, S&amp;P Global Ratings said on Thursday. The rating agency affirmed its \u2018BBB+\u2019 rating \u2014 equivalent to the sovereign rating assigned to India \u2014 to Reliance (RIL) with a stable outlook, reflecting the view that RIL\u2019s cash flows will help it preserve its financial profile, despite elevated investments over the next 24 months. In a statement, S&amp;P said Reliance\u2019s expansion plans for the next two years are [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,245,148],"tags":[],"class_list":["post-581544","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-telegraph","category-the-telegraph"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/581544","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=581544"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/581544\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=581544"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=581544"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=581544"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}