CARE Ratings Limited — Important, 05-08-2025: General Updates

Care Ratings reported robust Q1 FY26 results. Consolidated revenue climbed 19% YoY to Rs. 93.9 Cr, with PAT rising 24% YoY to Rs. 26.5 Cr. Standalone revenue grew 16% YoY to Rs. 75.6 Cr, and PAT by 21% YoY to Rs. 29.1 Cr. This strong performance was driven by an 18% YoY growth in the core ratings business and a significant 30% YoY surge in non-ratings segments. The company benefited from increased fund-raising activity, with corporate bond issuances up 66% to Rs 34,000 Cr and commercial papers up 19% to Rs 45,000 Cr. Notably, CareEdge Global secured RBI accreditation as an International Credit Rating Agency, signaling future expansion.