Credit rating agency, CARE has reaffirmed AA- rating to Talwalkars Better Value Fitness’ long-term bank facilities worth Rs 144.35 crore. The company has received the said rating re-affirmation on the back of healthy credit risk profile of the company, indicated by growth in the operations coupled with healthy profitability margins, comfortable liquidity and debt coverage indicators in FY12.
Talwalkars Better Value Fitness is one of the largest fitness chains in India offering a diverse suite of services including gyms, spas, aerobics and health counseling under the brand ‘Talwalkars’.
