Rating agency Crisil has posted a 35.32 per cent rise in net profit at Rs 13.07 crore for the financial year 2000-02 compared with Rs 9.66 crore in the previous fiscal.
Total income rose by 34.45 per cent to Rs 69.29 crore (Rs 51.54 crore), while total expenditure increased by 11.92 per cent Rs 33.16 crore (Rs 29.62 crore).
The rise in total income was mainly due to income from operations, which was up by 51.83 per cent to Rs 66.77 crore (Rs 43.97 crore). Other income and extraordinary income, however, dipped by 4.6 per cent and 84.45 per cent, respectively. Other income stood at Rs 1.61 crore (Rs 1.69 crore), while extraordinary income was at Rs 91.29 lakh (Rs 5.87 crore).
Staff costs increased by 23.54 per cent to Rs 15.39 crore (Rs 12.45 crore). A company release said:
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