Crisil Limited has announced a significant increase in its financial performance for the first quarter of the fiscal year 2026, with income from operations rising by 30.1% to ₹1,057.7 crore. This compares favourably to ₹813.2 crore in the corresponding quarter of the previous year.
The company’s consolidated total income for the quarter also saw an increase of 29.6%, reaching ₹1,093.7 crore compared to ₹843.8 crore in the same period last year. Profit before tax (PBT) rose by 35.7% to ₹308.4 crore, up from ₹227.3 crore in the previous year’s corresponding quarter. Profit after tax (PAT) increased by 45.9% to ₹233.3 crore, compared to ₹159.8 crore in the same quarter last year.
A favourable foreign exchange movement contributed to Crisil‘s PBT earnings, with a gain of ₹14.4 crore in Q1 FY26, contrasting with a loss of ₹5.2 crore in the same period in 2025. The company declared an interim dividend of ₹9 per share.
Amish Mehta, Managing Director and CEO of Crisil, highlighted the company’s growth driven by customer-centric and domain-led solutions amidst ongoing geopolitical issues. He noted the resilience of the Indian economy and Crisil’s focus on increasing market share in core markets, expanding into new client segments and geographies, and investing in generative artificial intelligence (GenAI), digitalisation, and future-ready talent.
Crisil expects India’s GDP to grow at 7.1% in the base case for this fiscal, with potential downside risks that could slow growth to 6.8% if geopolitical conflicts persist. The company noted a 12% year-on-year decline in corporate bond issuance by volume in Q1 FY26, while bank credit increased by 14.5% as of February 2026.
Crisil Ratings maintained its leadership position with an 18.9% revenue growth in Q1 FY26. The Global Analytics Center expanded its support to S&P Global Ratings, contributing to a 20.2% growth in the ratings segment revenue. The Research, Analytics and Solutions segment saw a 34.9% revenue increase year-on-year in Q1 FY26.
Crisil’s strategic initiatives, including the launch of Crisil i360, a unified intelligence platform, and investments in GenAI solutions, have enhanced client experience and operational efficiency. The company received industry recognition as a Category Leader in AI Governance Solutions by Chartis Research and as a ‘Market Disruptor’ in Financial Crime and Compliance.
Crisil Foundation continued its community impact through programmes like Mein Pragati and Crisil RE, with significant outreach and environmental initiatives.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).