ICRA Q1FY18 results: Net profit falls 11.8 per cent QoQ
DSIJ Intelligence / 03 Aug 2017

ICRA reported its results for the quarter ended June 30, 2017 today. The company's total sales for Q1FY18 came in at Rs 69.74 crore, which represents 11.47 per cent sequential decline and 19.57 per cent YoY decline.
ICRA reported its results for the quarter ended June 30, 2017 today.
The company's total sales for Q1FY18 came in at Rs 69.74 crore, which represents 11.47 per cent sequential decline and 19.57 per cent YoY decline.
Its operating profit (EBIT) for the quarter amounted to Rs 22.92 crore and its EBIT margin stood at 32.86 per cent.
The company reported PAT of Rs 22.6 crore, which represents a sequential QoQ decline of 11.82 per cent and a YoY decline of 1.27 per cent.
The company's stock opened at Rs 3880 on the BSE and recorded intra-day high and low of Rs. 3900 and Rs. 3798.05, respectively.
ICRA Limited operates as an independent and professional investment information and credit rating agency in India and internationally. It operates through four segments: ratings, research and other services, consulting services, outsourced and information services and professional and IT services.
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