CARE Ratings consolidated net profit rises 22.86% in the March 2024 quarter

Sales rise 16.31% to Rs 90.15 crore

Net profit of CARE Ratings rose 22.86% to Rs 24.08 crore in the quarter ended March 2024 as against Rs 19.60 crore during the previous quarter ended March 2023. Sales rose 16.31% to Rs 90.15 crore in the quarter ended March 2024 as against Rs 77.51 crore during the previous quarter ended March 2023.

For the full year,net profit rose 20.34% to Rs 100.52 crore in the year ended March 2024 as against Rs 83.53 crore during the previous year ended March 2023. Sales rose 18.89% to Rs 331.68 crore in the year ended March 2024 as against Rs 278.99 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales90.1577.51 16 331.68278.99 19 OPM %32.2035.23 -33.8135.61 - PBDT38.8637.15 5 157.11136.28 15 PBT36.1934.09 6 146.63125.75 17 NP24.0819.60 23 100.5283.53 20

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