Crisil Q4 Results: Net Profit Up 7% At Rs 225 crore

Crisil Ltd. on Monday posted a 7% rise in net profit in the quarter ended Dec. 31, 2024. The ratings agency posted a consolidated bottom line of Rs 224.7 crore, as against Rs 210.1 crore posted in the year-ago period, according to an exchange filing on Monday.

The revenue, however, slipped marginally by 0.5% to Rs 912.9 crore in the fourth quarter — the company follows a January-December fiscal year cycle. In comparison, Crisil had clocked a revenue of Rs 917.74 crore in the December 2023 quarter.

Crisil's earnings before interest, taxes, depreciation and amortisation in the December quarter was up 5.7% to Rs 287.1 crore, as compared to Rs 271.6 crore in the corresponding period of the last fiscal.

Meanwhile, the company’s margins expanded in the October-December quarter to 31.4%. Last year, during the similar period, its margins stood at 29.6%.

In a separate filing, the company also informed that its board has recommended a final dividend of Rs 26 per equity share of face value of Re 1 each, for the financial year ended Dec. 31, 2024.

However, it added that it is subject to the approval of the shareholders at the ensuing annual general meeting.

It has also approved the notice convening the 38th annual general meeting of the company on April 30, 2025, through video conferencing or other audio-visual means.

The board has also approved of appointment of M/s. S. N. Ananthasubramanian & Co., a firm of practising company secretaries as the secretarial auditors of the company, for a term of five consecutive financial years commencing from Jan. 1, 2025 till Dec. 31, 2029, which too will be subject to shareholders approval in the ensuing AGM.

Shares of Crisil Ltd. closed 2.47% lower at Rs 5,097.9 apiece on the BSE, compared to a 0.7% decline in the benchmark Sensex.