ALPHA TRIBE

ICRA LimitedOthers, 05-07-2025: Shareholders meeting

05-07-2025 | 04:52 pm

ICRA Limited reported consolidated revenues of ₹498 Cr, up 11.6% YoY, driven by strong growth in Ratings & Ancillary Services (₹294 Cr) and Research & Analytics (₹204 Cr). Profit after tax rose 12.5% to ₹171 Cr, reflecting operational efficiency despite cautious market conditions marked by slower credit growth and geopolitical uncertainties. The company continues strengthening its market position in infrastructure and financial sectors and expanded its footprint in risk and analytics through acquisition of 60% stake in D2K Technologies, enhancing technology-driven offerings. Dividend of ₹60/share proposed. The Board appointments included new Independent Directors and reappointment of MD & Group CEO Ramnath Krishnan. Corporate governance and compliance standards were upheld with no major issues reported. CSR spend was ₹1.54 Cr, focused on education, skill development, and women empowerment. The company maintains strong internal controls, robust risk management, and emphasizes sustainability and ESG integration across operations.

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