Shares of CRISIL witnessed a significant surge of over 8% following the release of its fourth-quarter financial results.
According to a regulatory filing, CRISIL reported a robust 33% year-on-year increase in net profit, reaching ₹210.1 crore for the quarter ending December 31, 2023. In comparison, the company recorded a net profit of ₹158 crore in the corresponding quarter of the previous year.
Additionally, CRISIL’s revenue from operations saw a notable growth of 11.6%, reaching ₹917.7 crore compared to ₹822.3 crore in the same period of the preceding fiscal year.
As of 10:50
At the operating level, the company’s earnings before interest, taxes, depreciation, and amortization (EBITDA) witnessed a significant rise of 24.3%, amounting to ₹268.9 crore in the fourth quarter of the current fiscal year, compared to ₹216.3 crore in the corresponding period of the previous fiscal year.
