ICRA Limited — Updates, 31-07-2025: Press Release

ICRA kicks off FY2026 strong: Q1 consolidated revenue jumped 8.4% to Rs. 124.5 Cr, and PAT surged 19.2% to Rs. 42.8 Cr. This robust performance was driven by the Ratings business, benefiting from an active credit market. The company also made a significant strategic move, agreeing to acquire Fintellix India Private Limited for ~Rs. 225.0 Cr. Research & Analytics maintained stable growth. Management highlights sustained momentum and a positive start to the year, despite anticipating a slight Q1 GDP slowdown.