ICRA's Q1 FY 2025-26 Quarter Results

Result Summary

• ICRA Ltd reported a 0.8% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 12.2%.
• Its expenses for the quarter were up by 5.8% QoQ and 5.8% YoY.
• The net profit decreased 9.1% QoQ and increased 19.1% YoY.
• The earnings per share (EPS) of ICRA Ltd stood at 44 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

## Company Overview
ICRA Ltd is a prominent credit rating agency in India. It provides credit ratings, research, and risk management services to a diverse range of clients, including financial institutions, corporations, and public sector undertakings. The company operates within the financial services industry, playing a critical role in providing independent assessments of credit risk. As of the latest available data, no specific recent major developments or changes in the company's strategic direction have been disclosed.

## Revenue
In the first quarter of the fiscal year 2026 (Q1FY26), ICRA Ltd reported a total income of ₹148.85 crores. This figure represents a quarter-over-quarter (QoQ) increase of 0.8% from ₹147.64 crores in the previous quarter (Q4FY25). On a year-over-year (YoY) basis, the total income showed a notable increase of 12.2% compared to ₹132.70 crores in Q1FY25. This growth trajectory highlights the company's ability to enhance its revenue generation capabilities over the past year.

## Profitability
For Q1FY26, ICRA Ltd's profit before tax stood at ₹58.37 crores, reflecting a decline of 6.1% QoQ from ₹62.13 crores in Q4FY25. However, when compared to the same quarter last year, there was a significant YoY increase of 23.6% from ₹47.21 crores. The tax expense for the quarter was ₹15.61 crores, marking a QoQ rise of 3.6% and a YoY surge of 37.9%. Consequently, the profit after tax for Q1FY26 was ₹42.76 crores, which is a decrease of 9.1% from the previous quarter but an increase of 19.1% from the previous year. The earnings per share (EPS) for the quarter were ₹44.00, down 9.5% QoQ but up 19.2% YoY.

## Operating Metrics
The financial data indicates that total expenses for ICRA Ltd in Q1FY26 were ₹90.48 crores, experiencing a QoQ increase of 5.8% from ₹85.52 crores in Q4FY25 and the same percentage increase YoY from ₹85.50 crores in Q1FY25. This rise in expenses could be attributed to various operational factors, although specific details are not provided. Despite the rise in expenses, the company has maintained a healthy profit margin, as evidenced by the significant YoY growth in both profit before tax and profit after tax. The data does not provide information on other operating metrics such as debt-to-equity ratio or current ratio, which are typically used to assess the financial health and operational efficiency of a company.