Crisil turns red after profitability margins shrink
DSIJ Intelligence / 17 Oct 2016
Crisil has declared its Q3CY16 results on Friday after market hours. The company’s revenue has increased by 8.17 per cent to Rs 389 crore in Q3CY16 as compared to same period in previous financial year.
Crisil has declared its Q3CY16 results on Friday after market hours. The company’s revenue has increased by 8.17 per cent to Rs 389 crore in Q3CY16 as compared to same period in previous financial year. Its EBITDA too has risen by 3.12 per cent to Rs 108 crore in Q3CY16 on a yearly basis. However, its EBITDA margin has contracted by 136 basis points to 27.79 per cent in Q3CY16 as compared to same period in previous fiscal. Crisil’s net profit has increased by 3.86 per cent to Rs 79.84 crore in Q3CY16 on a yearly basis. The company’s net profit has contracted by 86 basis points to 20.53 per cent in Q3CY16 as compared to same period in previous financial year.
On nine-month result front, Crisil’s top line has increased by 12.64 per cent to Rs 1123 crore in 9MCY16 on a yearly basis. The company’s EBITDA too has risen by 12.71 per cent to Rs 318 crore in 9MCY16 as compared to same period in previous fiscal. Its bottom line also has increased by 15.21 per cent to Rs 228 crore in 9MCY16 on a yearly basis.
The share price of Crisil has declined by 1.53 per cent on bourses in early trades; and is trading at Rs 2325 on an intraday basis.
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