ICRA Ltd Q2FY24; 14% fall in Profits

ICRA Limited was set up in 1991 by leading financial/investment institutions, commercial banks and financial services companies as an independent and professional investment Information and Credit Rating Agency. It is involved in rating, management consulting and outsourcing and information services etc.

Financial Results:

• ICRA Ltd reported Revenues for Q2FY24 of ₹105.00 Crores up from ₹99.00 Crore year on year, a rise of 6.06%.
• Total Expenses for Q2FY24 of ₹74.00 Crores up from ₹65.00 Crores year on year, a rise of 13.85%.
• Consolidated Net Profit of ₹32.00 Crores down 13.51% from ₹37.00 Crores in the same quarter of the previous year.
• The Earnings per Share is ₹32.92, down 13.50% from ₹38.06 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.