Q4FY17 Results:ICRA

DSIJ Intelligence / 11 May 2017

Q4FY17 Results:ICRA
ICRA Ltd. reported its results for the quarter ended March 31, 2017 on Thursday.
 
The company's total sales for Q4FY17 came in at Rs 78.36 crore, which represents a 4.35 per cent sequential increase and 14.55 per cent YoY decline.
 
Its operating profit (EBIT) for the quarter amounted to Rs. 27.07 crore and the EBIT margin stood at 34.55 per cent.
 
The company reported PAT of Rs. 21.97 crore, which represents a sequential QoQ increase of 78.33 per cent and YoY increase of 13.6 per cent.

The Board of Directors has recommended a dividend of Rs 27 per equity share on the face value of Rs 10 each."

The company's stock opened for trading at Rs 4169.30 on the BSE, closed at Rs 4299.75. The intra-day high and low were Rs 4388 and 4178.55, respectively.

ICRA Limited (formerly Investment Information and Credit Rating Agency of India Limited) is an independent and professional investment information and credit rating agency. The company operate in five business segments, viz. rating services, consulting services, information services, outsources services and IT services. 

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