ICRA downgrades rating outlook on Bandhan Bank to 'negative'
Stress in small business loans triggers action10-11-2021
10-11-2021
ICRA LTD. - 532835 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 201508-11-2021
Eight core sectors' output grows at 7-month low of 4.4%
"With the base effect wearing off and copious rainfall dampening mining and construction activities, as well as demand for electricity, the slide in core sector growth was in line with expectations," said Aditi Nayar, achief economist at ICRA.29-10-2021
ICRA Ltd - 532835 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 201528-10-2021
ICRA Ltd - 532835 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Please find enclosed copies of the extracts of the unaudited Financial Results (Standalone & Consolidated) of ICRA Limited (the 'Company') for the second quarter and half year ended September 30, 2021 published in the following newspapers on October 27, 2021, pursuant to Regulation 47 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015: 1. Financial Express 2. Jansatta You are requested to take the above on record.27-10-2021
ICRA LTD. - 532835 - Announcement under Regulation 30 (LODR)-Investor Presentation
Pursuant to the applicable regulations of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed Investor Presentation Q2 FY22.26-10-2021
Q2FY22 Quarterly Result Announced for ICRA Ltd.
Highlights Standalone Financial Results For the quarter ended September 3D, 2021, the company's operating income was Rs. 47.6 crare, as against Rs. 43.4 crore in the corresponding quarter of the previous financial year, showing a growth of 9.7%. Growth in the rating revenue was achieved mainly due to traction in our fresh business, which was supported by gains in the financial sector and pick-up in the securitisation volumes, in-spite of unfavourable market conditions. The credit market continued to face headwinds during the current quarter with the non-food bank credit outstanding showing a muted growth. Bond issuances also remained muted falling on an y-o-y basis (though up sequentially) and CP outstanding remained subdued in this quarter. All of this reflected moderated fund-raising activities. Other income was at Rs. 8.7 crore, lower by 2.7% during the quarter on y-o-y basis, due to lower interest rate environment. The company has invested substantial part of its investment portfolio in debt oriented mutual fund schemes for earning better post tax returns The employees benefit expenses during the current quarter were higher by 19.5% on y-o-y basis, mainly due to annual increments and onetime special incentive. Other expenses were lower by 3.9% on y-o-y basis mainly due to lower spend on legal expenses, CSR, recruitment etc. The PBT for the quarter was at Rs. 14.4 crore as against Rs. 15.5 crore y-o-y basis, lower by 7.1%. The PAT for quarter was at Rs. 12.0 crare as against Rs. 11.3 crare y-o-y basis, higher by 6.2% due to lower effective tax. For the half year ended on September 30,2021, ICRA's standalone revenue fram operation was Rs. 93.6 crare, compared to Rs. 85.9 crore, higher by 9.1%. The PBT and PAT were at Rs. 45.2 crore and Rs. 38.0 crore, respectively, as compared to Rs. 29.2 crore and Rs. 21.3 crore. The PBT and PAT were higher by 54.9% and 78.6%, respectively, as compared to the corresponding period of the previous year, due to dividend from a wholly owned subsidiary. Consolidated Financial Results For the quarter ended September 30, 2021, the consolidated operating income was at Rs. 82.7 crore, against Rs. 72.0 crare on y-o-y basis, reflecting a growth of 14.8%. The Other income was marginally higher by 1.0%, over the corresponding quarter of the previous financial year. Consolidated PBT was at Rs. 31.1 crore, higher by 21.3%, and PAT was at Rs. 24.4 crare, higher by 30.5% on y-o-y basis. Ratings, research, and other services segment, including foreign subsidiaries, has grown by 10.4% on y-o-y basis. Outsourced and information services segment grew by 28.2% due to increase in business from existing and new clients, whereas Consulting services de-grew by 10.3% due to challenges in external environment and de-focus on certain unprofitable segments of our business. For the half year ended on September 30, 2021, leRA's consolidated revenue from operation was Rs. 162.5 crore, compared to Rs. 141.6 crore, higher by 14.8%. The other income was lower by 1.9%, over the corresponding period of the previous year. The PBT and PAT were at Rs. 64.2 crore and Rs. 48.7 crore, respectively, as compared to Rs 48.9 crore and Rs. 35.7 crore, respectively. The PBT was higher by 31.3% and the PAT was higher by 36.3%, as compared to the corresponding period of the previous year. Result PDF26-10-2021
ICRA LTD. - 532835 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Pursuant to the applicable regulations of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations"), please find enclosed press release on the unaudited financial results (standalone and consolidated) of ICRA Limited ("the Company") for the second quarter and half year ended September 30, 2021.25-10-2021
ICRA Ltd - 532835 - Board Meeting Outcome for Outcome Of The Board Meeting Dated October 25, 2021; Commenced At 7:36 Pm And Concluded At 9:07Pm
Outcome of the Board Meeting dated October 25, 2021; commenced at 7:36 pm and concluded at 9:07pm25-10-2021