India Inc credit profile resilient in H1FY26 with healthy corporate balance sheets

India Inc's credit profile strengthened in H1 FY26, driven by robust domestic demand and government infrastructure spending, with upgrades significantly outpacing downgrades. While infrastructure and domestic sectors thrived, exporters and some financial services faced stress from US tariffs and global weakness. The outlook remains cautiously positive amidst rising external headwinds.

India Inc credit profile resilient in H1FY26 with healthy corporate balance sheets
India Inc's credit profile strengthened in H1 FY26, driven by robust domestic demand and government infrastructure spending, with upgrades significantly outpacing downgrades. While infrastructure and domestic sectors thrived, exporters and some financial services faced stress from US tariffs and global weakness. The outlook remains cautiously positive amidst rising external headwinds.