ICRA Limited — Investor Meet, 01-11-2024: Analysts/Institutional Investor Meet/Con. Call Updates

ICRA Limited reported a strong performance in Q2 FY25, with a top-line growth of 20.2%, driven by a 24.1% increase in ratings and a 15.2% rise in research/analytics. The first half saw an overall growth of 16%, leading to a PBT growth of 7.4%. The company launched its first ESG rating and identified growth opportunities in risk management. Management forecasts a stable outlook despite geopolitical tensions. Strategies to enhance margins and service offerings remain a priority.