Emerging Credit Rating Limited (ECRL) has assigned AA+ (Pronounced as ‘Double A plus’) long term credit rating and ST-1 short term credit rating to Jamuna Oil Company Limited. The outlook on the rating is Stable. The rating represents the evaluation of the strengths and challenges faced by the company. The rating is based on audited financials of FY2021-23 (FYE 30 June), 3 month unaudited financial statement, as well as other quantitative and qualitative information available till date.