CRISIL Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
February 16, 2024 at 10:47 am
Share
CRISIL Limited reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was INR 9,177.4 million compared to INR 8,222.6 million a year ago. Revenue was INR 9,535.6 million compared to INR 8,406.4 million a year ago. Net income was INR 2,101.2 million compared to INR 1,580.2 million a year ago. Basic earnings per share from continuing operations was INR 28.74 compared to INR 21.63 a year ago. Diluted earnings per share from continuing operations was INR 28.73 compared to INR 21.62 a year ago.
For the full year, sales was INR 31,395.2 million compared to INR 27,687.2 million a year ago. Revenue was INR 32,464.3 million compared to INR 29,077.6 million a year ago. Net income was INR 6,584.4 million compared to INR 5,643.9 million a year ago. Basic earnings per share from continuing operations was INR 90.08 compared to INR 77.31 a year ago. Diluted earnings per share from continuing operations was INR 90.07 compared to INR 77.26 a year ago.
CRISIL Limited is a global analytics company. It is engaged in providing ratings, research, risk and policy advisory services. Its segments include Ratings services and Research, Analytics and Solutions. The Ratings services segment includes credit ratings for corporates, banks, and bank loans; credit analysis services; grading services; and global analytical services. The Research, Analytics and Solutions segment includes global research and risk solutions services, industry reports, customized research assignments, subscription to data services, independent equity research (IER), initial public offerings (IPO) gradings, training, credit ratings for small and medium enterprises (SMEs), advisory services, and a comprehensive range of risk management tools, analytics and solutions for financial institutions, banks and corporates in India. It offers advisory services and a range of risk management tools, analytics and solutions to financial institutions, banks and corporates in India.