ICRA Limited reported its Q2 FY26 financial results, posting a net profit of Rs 47.8 crore attributable to owners of the company, marking a 30% increase compared to Rs 36.7 crore in the same quarter last year (Q2 FY25). The credit rating agency’s performance was supported by steady revenue growth and controlled expenses.
Key financial highlights
- Revenue from operations: Rs 136.6 crore, up from Rs 126.1 crore in Q2 FY25
- Other income: Rs 20.9 crore, versus Rs 20.0 crore last year
- Total income: Rs 157.5 crore, compared to Rs 146.6 crore in the year-ago period
- Profit before tax: Rs 64.4 crore, higher than Rs 56.9 crore in Q2 FY25
- Profit after tax: Rs 40.0 crore, compared to Rs 37.1 crore in the previous year
- Net profit attributable to owners: Rs 47.8 crore, versus Rs 36.7 crore in Q2 FY25
Half-yearly performance
For the first half of FY26, ICRA reported a total income of Rs 304.3 crore, up from Rs 278.7 crore in the same period last year. Net profit for the half-year period stood at Rs 90.2 crore, compared to Rs 72.9 crore in H1 FY25.
Summary
The strong quarterly results reflect ICRA’s continued growth in the credit rating and research business, backed by rising credit demand and stable financial discipline.
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