Emerging Credit Rating Limited (ECRL) has upgraded to A (Pronounced as “Single A”) long term credit rating and affirmed ST-3 short term credit rating to Rangpur Dairy & Food Products Limited. The outlook on the rating is Stable. The rating is based on the audited financial statements for 2019-2022 (FYE: June) and unaudited financial statements for 9 months of FY2023 and other relevant qualitative and quantitative information up to the date of rating.