CleanMax Credit Rating Upgraded to AA-/Stable by CARE

CARE Ratings upgraded CleanMax's long-term credit rating to AA-/Stable from A+/Positive, reflecting improved financial strength.
FY26 consolidated EBITDA reached ₹1,295 crore, up 28% YoY, while PAT surged 4.4x to ₹85.6 crore.
The company expanded its contracted renewable energy portfolio to 5.7 GW with 3.1 GW operational capacity.
Data & AI segment now contributes 42% of contracted portfolio, growing 10x between FY2023-24 and FY2025-26.