CRISIL Limited Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 07, 2023 at 06:26 am
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CRISIL Limited reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was INR 7,358.7 million compared to INR 6,829.8 million a year ago. Revenue was INR 7,718.4 million compared to INR 7,482.3 million a year ago. Net income was INR 1,519.9 million compared to INR 1,478.5 million a year ago. Basic earnings per share from continuing operations was INR 20.79 compared to INR 20.24 a year ago. Diluted earnings per share from continuing operations was INR 20.78 compared to INR 20.23 a year ago.
For the nine months, sales was INR 22,217.8 million compared to INR 19,464.6 million a year ago. Revenue was INR 22,928.7 million compared to INR 20,671.2 million a year ago. Net income was INR 4,483.2 million compared to INR 4,063.7 million a year ago. Basic earnings per share from continuing operations was INR 61.34 compared to INR 55.68 a year ago. Diluted earnings per share from continuing operations was INR 61.32 compared to INR 55.63 a year ago.
CRISIL Limited is a global analytics company. It is engaged in providing ratings, research, risk and policy advisory services. Its segments include Ratings services and Research, Analytics and Solutions. The Ratings services segment includes credit ratings for corporates, banks, and bank loans; credit analysis services; grading services; and global analytical services. The Research, Analytics and Solutions segment includes global research and risk solutions services, industry reports, customized research assignments, subscription to data services, independent equity research (IER), initial public offerings (IPO) gradings, training, credit ratings for small and medium enterprises (SMEs), advisory services, and a comprehensive range of risk management tools, analytics and solutions for financial institutions, banks and corporates in India. It offers advisory services and a range of risk management tools, analytics and solutions to financial institutions, banks and corporates in India.