'Net sales (including other operating income) of CARE Ratings has increased 22% to Rs 96.38 crore. Sales of Ratings & Related Services segment has gone up 20.55% to Rs 84.88 crore (accounting for 88.07% of total sales). Sales of Others segment has gone up 38.62% to Rs 11.50 crore (accounting for 11.93% of total sales).
Profit before interest, tax and other unallocable items (PBIT) has jumped 32.18% to Rs 27.43 crore. PBIT of Ratings & Related Services segment rose 9.61% to Rs 29.14 crore (accounting for 106.23% of total PBIT). PBIT loss in Others segment rose 70.71% to Rs 1.71 crore (accounting for -6.23% of total PBIT).
PBIT margin of Ratings & Related Services segment fell from 37.75% to 34.33%. PBIT margin of Others segment rose from (-) 70.29% to negative 14.85%. Overall PBIT margin rose from 26.36% to 28.46%.
Operating profit margin has jumped from 29.69% to 31.56%, leading to 30.22% rise in operating profit to Rs 30.42 crore. Employee cost decreased from 5...
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