ICRA Limited Announces Unaudited Standalone and Consolidated Financial Results for the Third Quarter and Nine Months Ended December 31, 2012
January 25, 2013 at 01:44 pm
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ICRA Limited announced unaudited standalone and consolidated financial results for the third quarter and nine months ended December 31, 2012. For the quarter, the company reported on standalone basis net sales/income from operations of INR 384.644 million against INR 369.560 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 149.291 million against INR 166.0 million a year ago. Profit from ordinary actives before tax was INR 156.708 million against INR 226.224 million a year ago. Net profit after taxes and minority interest was INR 105.23 million or INR 10.52 per diluted share against INR 155.088 million or INR 15.51 per diluted share a year ago.
For the nine months, the company reported on standalone basis net sales/income from operations of INR 1,022.950 million against INR 960.520 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 348.9 million against INR 345.387 million a year ago. Profit from ordinary actives before tax was INR 411.282 million against INR 446.242 million a year ago. Net profit after taxes and minority interest was INR 328.8 million or INR 32.89 per diluted share against INR 282.959 million or INR 28.30 per diluted share a year ago.
For the quarter, the company reported on consolidated basis net sales/income from operations of INR 652.478 million against INR 542.283 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 143.541 million against INR 175.750 million a year ago. Profit from ordinary actives before tax was INR 156.876 million against INR 245.098 million a year ago. Net profit after taxes and minority interest was INR 115.311 million or INR 11.53 per diluted share against INR 174.384 million or INR 17.44 per diluted share a year ago.
For the nine months, the company reported on consolidated basis net sales/income from operations of INR 1,785.231 million against INR 1,448.489 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 349.239 million against INR 352.779 million a year ago. Profit from ordinary actives before tax was INR 424.414 million against INR 469.428 million a year ago. Net profit after taxes and minority interest was INR 334.489 million or INR 33.45 per diluted share against INR 296.907 million or INR 29.69 per diluted share a year ago.
ICRA Limited is an India-based independent and professional investment information and credit rating agency. The Company, through its subsidiaries, is involved in providing rating, research, analytics, data and software services. Its segments include Rating, research and other services; Consulting services; Knowledge services, and Market services. The Rating, research and other services segment is engaged in rating, grading and industry research services. The Company rates rupee-denominated debt instruments issued by manufacturing companies, commercial banks, non-banking finance companies, public sector undertakings and municipalities, among others. The Consulting services segment provides management consulting service, which includes risk management, financial advisory, outsourcing and policy advisory. The Knowledge services segment provides KPO services. The Market services segment provides financial information product and services.
ICRA LIMITED 
