Crisil shares surge 8.5% on robust Q1 result

Shares of ratings agency Crisil ended with 8.5 per cent gains today after the company reported a 40 per cent rise in consolidated net profit for March quarter.
After surging 13.16 per cent to Rs 2,244.40 in intraday trade on BSE, the stock finally ended with 8.51 per cent gain at Rs 2,152.20.
On NSE, the scrip jumped 8.1 per cent to close at Rs 2,135.95.
The company added Rs 1,202.62 crore to Rs 15,325.62 crore in market capitalisation.
Stock markets were shut yesterday for 'Mahavir Jayanti'.
Crisil yesterday had reported a 40 per cent rise in consolidated net profit at Rs 78.6 crore for the first quarter ended March 31.

The company's net profit stood at Rs 56.32 crore in the same period a year ago.

It follows January-December fiscal calender as against April-March by most Indian companies.
Crisil's total income increased to Rs 368.57 crore for the quarter from Rs 310.72 crore in the year-ago period, it had said in a BSE filing.
On a standalone basis, Crisil's net profit was up 44 per cent at Rs 65.64 crore in the first quarter of this year.
The standalone income rose to Rs 267.2 crore during the quarter under review as against Rs 227.3 crore a year ago.
The Crisil board has declared an interim dividend of Rs 5 per share for the financial year ending December 2016.