CARE Ratings is a leading credit rating agency of India. The Company provides various credit ratings that helps corporates to raise capital for their various requirements and assists the investors to form an informed investment decision based on the credit risk and their own riskreturn expectations.(Source : 202003-01 Annual Report Page No:134)
Financial Results:
CARE Ratings Ltd reported Revenues for Q2FY24 of ₹96.00 Crores up from ₹85.00 Crore year on year, a rise of 12.94%.
Total Expenses for Q2FY24 of ₹58.00 Crores up from ₹46.00 Crores year on year, a rise of 26.09%.
Consolidated Net Profit of ₹36.00 Crores up 2.86% from ₹35.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹11.83, up 2.25% from ₹11.57 in the same quarter of the previous year.
*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.