Crisil Ltd Reports Over 3% Sequential Drop in Q4 Profit
Synopsis
Key Takeaways
Mumbai, April 17 (NationPress) - On Friday, Crisil Limited disclosed a quarterly decline in its financial results for the March quarter (Q4 FY26), revealing that both its revenue and net profit experienced a downturn compared to the previous quarter.
The company’s revenue from operations decreased to Rs 1,057.66 crore in Q4 FY26, down from Rs 1,081.57 crore in the December quarter, reflecting a quarter-on-quarter drop of over 2 percent.
Similarly, net profit fell to Rs 233.26 crore, down from Rs 241.5 crore in Q3, indicating a sequential decrease of approximately 3.4 percent, according to its regulatory filing.
However, when viewed year-on-year, Crisil displayed a strong performance. Net profit surged nearly 46 percent year-on-year (YoY) to around Rs 233 crore in the March quarter, increasing from about Rs 160 crore in the same period last financial year.
Revenue from operations climbed 30 percent to Rs 1,058 crore, compared to Rs 813.2 crore a year prior, as stated in its regulatory filing.
Operationally, the company remained robust, with EBITDA rising 37.3 percent YoY to Rs 318.6 crore. Additionally, the EBITDA margin improved to 30.1 percent from 28.5 percent in the same quarter of the previous fiscal year.
Despite the sequential decline, investor sentiment stayed positive, with Crisil shares appreciating by over 6 percent on Friday. The stock has gained for the third consecutive session, reaching an intra-day peak of Rs 4,383 per share on the NSE.
In its regulatory filing, the company also announced its first interim dividend of Rs 9 per share.
Regarding the Q4 results, Amish Mehta, Managing Director and CEO of Crisil, noted that the company's growth was propelled by customer-centric strategies and differentiated, domain-led solutions. He remarked, “The ongoing geopolitical challenges highlight the necessity of our insights and risk solutions for clients navigating complexities.”