'ICRA has recorded 12% decline in the net profit to Rs 35.52 crore in the quarter
ended June 2024 (Q1FY2025). Net sales (including other operating income) have
increased 11.79% to Rs 114.82 crore in Q1FY2025. Sales of Rating, Research and
other Service segment has gone up 8.94% to Rs 65.02 crore (accounting for
56.52% of total sales). Sales of Consulting Services segment surged 299.97% to
Rs 5.88 crore (accounting for 5.11% of total sales). Sales of knowledge services
segment moved up 5.30% to Rs 39.47 crore (accounting for 34.31% of total
sales). Sales of market services segment increased 11.69% to Rs 4.67 crore
(accounting for 4.06% of total sales).
Profit
before interest, tax and other unallocable items (PBIT) has declined 2.60% to
Rs 31.47 crore. PBIT of Rating, Research and other Service segment rose 11.85%
to Rs 18.14 crore (accounting for 57.64% of total PBIT). PBIT of Consulting
Services segment recorded loss of Rs -4.60 crore (accounting for -14.62% o...
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