Indian IT Q4FY23 results expected to be muted; eyes on FY24 guidance
FY24 revenue growth may decline by 700-900bps: CRISIL Ratings31-03-2023
Indian IT Q4FY23 results expected to be muted; eyes on FY24 guidance
FY24 revenue growth may decline by 700-900bps: CRISIL RatingsRevenue growth of IT firms in FY24 to be 7-9% lower than FY23: CRISIL
The key reason for the sharp fall in revenues is the slowdown in the BFSI segment, which accounts for 30% of the sector's revenuesCRISIL LTD. - 500092 - Disclosure Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
This is in furtherance of our disclosure dated October 21, 2022, inter alia regarding the merger of two of our US based wholly owned subsidiaries, Greenwich Associates LLC with CRISIL Irevna US LLC. Pleased be informed that the merger has received the approval of the competent authorities and the effective date of the merger will be April 1, 2023. This is for your information and records.CRISIL lowers outlook on Adani Airport Holdings from 'stable' to 'negative'
The outlook revision indicates that the standalone credit profile of AAHL may weakenIndian travel sector to report operating profits after losses in last two fiscals: CRISIL
The travel sector was hammered by the pandemic that saw severe travel restrictions across the world.Toll operators in India to see a revenue jump of 16-18% in FY23: CRISIL
In FY24, the revenue growth will continue to be strong, but it will be a lower 9-11 per centCRISIL LTD. - 500092 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Kindly be informed that the Notice of the 36th Annual General Meeting and e-voting information of the Company has been published today, i.e. on March 27, 2023 in newspapers, Financial Express and Sakal. Copies of the same as appearing in the newspapers is enclosed. Kindly acknowledge receipt and inform your members accordingly.CRISIL LTD. - 500092 - Reg. 34 (1) Annual Report.
Kindly be informed that the 36th Annual General Meeting of the Company ('AGM') will be held on Tuesday, April 18, 2023 at 3.30 p.m. IST, through Video Conferencing (VC) and/or Other Audio Visual Means (OAVM) in accordance with the relevant circulars issued by Ministry of Corporate Affairs. Please find enclosed herewith Annual Report of the Company for the financial year ended December 31, 2022 including the Notice of the 36th AGM. The Notice of the 36th AGM and the Annual Report are also being uploaded on the website of the Company at www.crisil.com. In addition to including a Business Responsibility and Sustainability Report as part of its Annual Report, CRISIL has published a ESG report for 2022 which is available on the Company's website at www.crisil.com and has been sent to members by email. Hence, a copy of the ESG report for 2022 is enclosed herewith.CRISIL LTD. - 500092 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Kindly be informed that the Notice regarding the 36th Annual General Meeting to be held over Video Conferencing (VC) and/or Other Audio Visual Means (OAVM) of the Company has been published today, i.e. on March 23, 2023 in newspapers, Financial Express and Sakal. Copy of the same as appearing in the newspapers is enclosed. Kindly acknowledge receipt and inform your members accordingly.Tractor sales growth to halve in FY24, operating margins to improve: CRISIL
However, softening prices of inputs such as steel and pig iron will provide a 100-200 basis points (bps) respite to the operating margin of tractor makers