Care Ratings Q4 Profit Soars 77% to Rs 43.37 Cr
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Care Ratings reported a 77% jump in net profit for Q4 FY24, reaching Rs 43.37 crore. The company's total income also saw a significant rise. Learn more.
New Delhi, May 12 (PTI) Care Ratings on Monday reported a 77 per cent jump in its net profit to Rs 43.37 crore for the fourth quarter ended March 31.
The domestic ratings firm had a net profit of Rs 24.55 crore in the March quarter of 2023-24.
Its total income rose to Rs 124.82 crore in the January-March period from Rs 100.43 crore in the March quarter of FY24, the agency said in a regulatory filing.
For the full fiscal 2024-25, its net profit surged 36.5 per cent to Rs 140 crore against Rs 102.56 crore in 2023-24.
Shares of Care Ratings closed at Rs 1,342.85 apiece, up 4.28 per cent over the previous close on BSE.
The domestic ratings firm had a net profit of Rs 24.55 crore in the March quarter of 2023-24.
Its total income rose to Rs 124.82 crore in the January-March period from Rs 100.43 crore in the March quarter of FY24, the agency said in a regulatory filing.
For the full fiscal 2024-25, its net profit surged 36.5 per cent to Rs 140 crore against Rs 102.56 crore in 2023-24.
Shares of Care Ratings closed at Rs 1,342.85 apiece, up 4.28 per cent over the previous close on BSE.
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