Thursday 29 January 2015

ICRA surges on reporting 21% rise in Q3 consolidated net profit

     ICRA has reported a fall of 4.60% in its net profit at Rs 12.73 crore for the quarter under review as compared to Rs 12.17 crore for the same quarter in the previous year. However, total income of the company has increased 11.20% at Rs 47.86 crore for Q3FY15 as compared Rs 43.04 crore for the corresponding quarter previous year.
     On the consolidated basis the company’s net profit after taxes and minority interest rose 20.61% to Rs 17.79 crore for the Q3 FY15 as compared to Rs 14.75 crore in Q3 FY14. Moreover, the total income increased 14.49% to Rs 85.23 crore in the quarter under review as compared to Rs 74.44 crore in the corresponding quarter previous year.
     ICRA is currently trading at Rs. 3403.75.00, up by 86.20 points or 2.60% from its previous closing of Rs. 3317.55 on the BSE.

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