Moody's Investors Service on Monday affirmed stable outlook for the credit rating of Delhi International Airport Ltd (DIAL), which is operating the aerodrome in the national capital.
The agency has also affirmed DIAL's Ba2 corporate family rating and senior secured ratings, according to a release.
Spencer Ng, a Moody's Vice President and Senior Analyst, said the ratings affirmation principally reflects the expected growth in DIAL's revenue over the next 12-18 months.
It is also underpinned by a sustained recovery in passenger traffic from the decline recorded in the first half of the financial year ending March 2020 and increasing contributions from its non-aeronautical