 "Rating firm Icra Q1 consolidated net profit surges 43% to Rs 24.34 crore")
Rating firm Icra on Wednesday reported a 43 per cent jump in its consolidated net profit to Rs 24.34 crore for the first quarter ended June 30.
It had posted a net profit of Rs 17.05 crore in the year-ago period.
The total income during April-June FY22 rose to Rs 90.52 crore, against Rs 80.80 crore in the first quarter of FY21, Icra said in a regulatory filing.
The company said the board of directors at its meeting in May had recommended a dividend of Rs 27 per equity share for FY21 and the proposal will be taken for approval of the shareholders in the forthcoming annual general meeting.
Its shares closed at Rs 3,659.75 apiece on BSE, down 1.62 per cent from the previous close.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app