CRISIL Ltd's Q3FY25 Quarter Results
- 11 Feb 2025
Result Summary
- CRISIL Ltd reported a 13.2% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a decline of 1.1%.
- Its expenses for the quarter were up by 7.3% QoQ and down 3.9% YoY.
- The net profit increased 31.0% QoQ and increased 6.9% YoY.
- The earnings per share (EPS) of CRISIL Ltd stood at 30.7 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 943.15 | 833.20 | 953.56 | 13.2% | -1.1% |
Total Expenses | 648.66 | 604.67 | 674.75 | 7.3% | -3.9% |
Profit Before Tax | 294.49 | 228.53 | 278.81 | 28.9% | 5.6% |
Tax | 69.80 | 56.98 | 68.69 | 22.5% | 1.6% |
Profit After Tax | 224.69 | 171.55 | 210.12 | 31.0% | 6.9% |
Earnings Per Share | 30.70 | 23.50 | 28.70 | 30.6% | 7.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
CRISIL Ltd is a global analytical company providing ratings, research, risk, and policy advisory services. It is part of the financial services industry, offering crucial insights and analysis that assist clients in making informed business and investment decisions. The company is known for its credit ratings, research on India's economy, industries, and companies, and its advisory services. CRISIL operates in a dynamic environment where its services are pivotal for investment decisions and policy formation. Recent developments for CRISIL may include updates in regulatory frameworks, changes in market conditions, or advancements in analytics technology. However, specific recent developments are not available in the provided information.
Revenue
In Q3FY25, CRISIL Ltd reported total income of ₹943.15 crores. This represents a quarter-over-quarter (QoQ) increase of 13.2% from ₹833.20 crores in Q2FY25. Year-over-year (YoY) comparison shows a slight decrease of 1.1% from ₹953.56 crores in Q3FY24. The revenue figures reflect the company's performance in generating income from its core activities, depicting changes over both the quarterly and annual periods. These variations may be attributed to fluctuations in demand for CRISIL's services or changes in market conditions.
Profitability
The profit before tax (PBT) for CRISIL in Q3FY25 was ₹294.49 crores, marking a 28.9% QoQ increase from ₹228.53 crores in Q2FY25. On a YoY basis, there was an increase of 5.6% from ₹278.81 crores in Q3FY24. The tax expense recorded was ₹69.80 crores, up 22.5% QoQ and 1.6% YoY. Consequently, the profit after tax (PAT) stood at ₹224.69 crores, which is a 31.0% QoQ rise from ₹171.55 crores and a 6.9% YoY rise from ₹210.12 crores. Earnings per Share (EPS) for Q3FY25 was ₹30.70, representing a QoQ increase of 30.6% and a YoY increase of 7.0%. These metrics indicate CRISIL's profitability trends over the specified periods, providing insights into its financial health and efficiency in generating profits.
Operating Metrics
CRISIL Ltd's total expenses for Q3FY25 were ₹648.66 crores, which reflects a 7.3% increase from ₹604.67 crores in Q2FY25 and a 3.9% decrease from ₹674.75 crores in Q3FY24. The changes in total expenses highlight the company's operational cost management for the period. The relationship between revenue and expenses affects the company's overall financial performance, influencing both profitability and financial stability. These figures offer a snapshot of how CRISIL's operational activities have evolved over the quarters and the year, impacting its bottom line.
