ICRA

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Infrastructure

19 August, 2025

Searchlight: Tracks & Towers profit halves in FY25 but order book remains strong

For four-decade-old roads and rail contractor Tracks & Towers Infratech Pvt Ltd (TTIPL), FY25 was likely a year best ......

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Finance

19 June, 2025

Bottomline: Non-cash expenses keep Progcap in red; AUM rises in FY25

Progcap, backed by marquee investors such as Tiger Global, Peak XV Partners, and Google, is grappling with profitability......

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Finance

23 May, 2025

Bottomline: NPA woes trouble Piramal Alts-backed Annapurna Finance

Annapurna Finance, backed by a string of investors including Piramal Alternatives, grappled with a significant rise in ......

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Finance

23 December, 2020

Flashback 2020: Virus manages to shoo away almost everyone from stressed assets

The distressed assets market was still going through teething problems from the four-year bankruptcy law when the Covid-19 pandemic...

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Infrastructure

07 November, 2019

Can road builder Sadbhav beat revenue doldrums amid shrinking order book, debt woes?

At first glance, highway developer Sadbhav Engineering Ltd seems to have a debt problem. The debt nearly doubled in five ......

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