Credit rating agency, India Ratings & Research has affirmed Genus Power Infrastructures (GPIL) long-term issuer rating at ‘A-’. The outlook is stable. The company has received the said rating on the back of its strong position and healthy revenue growth of 23% y-o-y in the domestic electronic meters segment in FY13.
Genus Power Infrastructures is engaged in the manufacturing and distribution of electronic energy meters, power distribution management projects, hybrid microcircuits, inverters, batteries, home UPS and online UPS in India and abroad.
