ICRA will hold a meeting of the Board of Directors of the Company on 15 May 2024.Powered by Capital Market - Live News

Net profit of ICRA declined 17.31% to Rs 32.15 crore in the quarter ended December 2023 as against Rs 38.88 crore during the previous quarter ended December 2022. Sales rose 11.21% to Rs 114.59 crore in the quarter ended December 2023 as against Rs 103.04 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales114.59103.04 11 OPM %26.4035.18 - PBDT44.5650.58 -12 PBT40.7347.89 -15 NP32.1538.88 -17 Powered by Capital Market - Live News

The Board of ICRA at its meeting held on 23 January 2024 has approved the proposal to join the Association of Indian Rating Agencies (AIRA), by way of subscribing to their shares upto 20% of the paid-up share capital of AIRA, inter alia subject to requisite regulatory approvals. AIRA is an association of credit rating agencies to promote harmonious interactions amongst the credit rating agencies in India. Powered by Capital Market - Live News

The Board of ICRA Analytics, a wholly owned subsidiary of ICRA, in its meeting held on 16 January 2024 has approved the proposal to invest upto Rs 5.5 crore in the preference shares of D2K Technologies India (D2K). D2K is a step-down subsidiary of the Company. There will not be any change in the equity shareholding as on date due to subscription of preference shares.Powered by Capital Market - Live News

Net profit of ICRA declined 13.50% to Rs 31.77 crore in the quarter ended September 2023 as against Rs 36.73 crore during the previous quarter ended September 2022. Sales rose 6.34% to Rs 104.85 crore in the quarter ended September 2023 as against Rs 98.60 crore during the previous quarter ended September 2022. ParticularsQuarter Ended�Sep. 2023Sep. 2022% Var. Sales104.8598.60 6 OPM %32.4735.99 - PBDT50.1148.40 4 PBT47.2745.98 3 NP31.7736.73 -14 Powered by Capital Market - Live News