ICRA Limited — Board Meeting, 31-07-2025: Outcome of Board Meeting

ICRA's recent board meeting approved strong Q1 financial results. For the quarter ended June 30, 2025, consolidated revenue from operations rose 8.4% YoY to ₹124.49 Cr. Profit after tax jumped 20.8% YoY to ₹42.76 Cr, demonstrating solid performance. A significant strategic update is the planned acquisition of 100% shareholding in Fintellix India Private Limited for approximately ₹225 Cr (USD 26 million). This acquisition, pending mutually agreed conditions, positions ICRA for significant expansion in its offerings.