ICRA Q4: Net profit up 15% to 38.4 cr, dividend declared
The Board of Directors recommended a dividend of 40 per equity share of the face value of Rs. 10 each. In addition, the Board recommended a special dividend of 90 per equity share.24-05-2023
24-05-2023
ICRA LTD. - 532835 - Book Closure
Please be informed that the register of members and share transfer books of the Company shall remain closed from Saturday, July 29, 2023 to Wednesday, August 2, 2023 (both days inclusive) for the purpose of determining the eligibility of members for payment of dividend for the financial year ended March 31, 2023. Accordingly, if the members approve the payment of dividend at the forthcoming Annual General Meeting, the dividend shall be paid to all those members whose names appear in the register of members as on Friday, July 28, 2023 and to all those members whose names appear on that date as beneficial owners as per the details furnished by National Securities Depository Limited and Central Depository Services (India) Limited on the close of business hours as on that date.24-05-2023
Q4FY23 Quarterly & FY23 Annual Result Announced for ICRA Ltd.
Other Financial Services company ICRA announced Q4FY23 & FY23 results: Q4FY23: Consolidated revenue from operations increased by 16.4% to Rs 109.1 crore for Q4FY23, from Rs 93.7 crore in Q4FY22 Profit after tax increased by 14.5% to Rs 38.6 crore from Rs 33.7 crore for Q4FY22 FY23: Consolidated revenue from operations increased by 17.6% to Rs 403.2 crore for FY23 from Rs 342.8 crore in FY22 Profit after tax increased by 20.4% to Rs 136. 7 crore for FY23 from Rs 113.5 crore in FY22 The Board of Directors recommended a dividend of Rs 40 per equity share of the face value of Rs 10 each. In addition, the Board recommended a special dividend of Rs 90 per equity share. The total dividend recommended for FY23 is Rs 130 per equity share for FY23, compared with Rs 28 per equity share for FY22. The overall dividend pay-out for FY23, including the special dividend, is Rs 125.5 crore, compared to Rs 27.0 crore in FY22. Commenting on the results, Ramnath Krishnan, MD & Group CEO, ICRA, said: "The year 2023 at ICRA was all about setting new paradigms and unlocking value across businesses. The numbers reflect our commitment to building a diversified, technology-led, credible organisation. The overall growth in bond issuances, bank credit, and the securitisation market had a positive bearing on ICRA Ratings, whereas increased demand for research and analytical services continued to drive growth in ICRA Analytics. ICRA has continued to invest in its people and technology to drive profitable growth." Result PDF24-05-2023
ICRA LTD. - 532835 - Board Meeting Outcome for Outcome Of The Board Meeting
Outcome of the Board Meeting24-05-2023
ICRA LTD. - 532835 - Financial Results March 31, 2023
Pursuant to Regulations 30, 33 and any other applicable regulations of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations'), please find enclosed the audited Financial Results (Standalone and Consolidated) of ICRA Limited (the 'Company') for the quarter and year ended March 31, 2023, reviewed by the Audit Committee and approved by the Board of Directors of the Company at their respective meetings held on May 24, 2023. A copy of the press release on the audited Financial Results is also enclosed. Please also find enclosed the Auditors Reports submitted by M/s. B S R & Co. LLP, Chartered Accountants, (FRN: 101248W/W-100022), the Statutory Auditors of the Company. Please also find attached a declaration pursuant to Regulation 33(3)(d) of the Listing Regulations.24-05-2023
Per kilogram subsidy under NBS regime down due to reduction in rates
A report by ICRA said that after the Cabinet decision, the subsidy for P&K fertilisers for the kharif season stood at Rs 38,000 crore against the full-year budgetary allocation of Rs 44,000 crore23-05-2023
ICRA LTD. - 532835 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Pursuant to Regulation 30 of the Listing Regulations, we hereby inform you that the earnings conference call to discuss 'FY2023 Results' of ICRA Limited (the 'Company') is scheduled on Thursday, May 25, 2023, at 4:30 PM (IST). Details pertaining to the said call are enclosed herewith and the same is also uploaded on the Company''s website https://www.icra.in/.22-05-2023
ICRA LTD. - 532835 - Disclosure Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015 - Recommendation Of Dividend By The Board Of Directors Of Material Subsidiary Of ICRA Limited (The 'Company')
This is to inform you that the Board of Directors of ICRA Analytics Limited, a material subsidiary of the Company ('ICRA Analytics'), has recommended a dividend of Rs. 27 per equity share of the face value of Rs. 10 each. The total recommended dividend works out to Rs. 26.87 crore. This disclosure is being made pursuant to the disclosure policy of the Company under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.16-05-2023
Healthy traffic, pricing to cut down airlines' losses of Rs 50-70 bn: Icra
Indian airline industry is likely to cut down its losses to about Rs 50-70 bn, owing to healthy passenger traffic and ability to shore up their yields, ICRA said in a sectoral report15-05-2023