CARE Ratings Ltd
CARE Ratings Q3 FY24 earnings call: Revenue & Margins
Q3 FY24 investor presentation: what the company reported on revenue, margins and projects.
Based on CARE Ratings Ltd's Q3 FY24 investor presentation. The company has not published an earnings-call transcript for this quarter, so figures here are what the presentation reports, not management guidance.
The short version
Standalone Total Operating Income (TOI) for Q3FY24: Rs. Quarter (Q3 FY24) Financials - Standalone: - EBITDA: Rs.
From CARE Ratings Ltd's Q3 FY24 earnings-call transcript · updated 25 Sept 2026.
Revenue & Sales Performance
- Standalone Total Operating Income (TOI) for Q3FY24: Rs. 66.68 Cr, up 22% YoY (Page 16, 14, 2).
- Consolidated Total Operating Income for Q3FY24: Rs. 78.68 Cr, up 27% YoY (Page 16).
- Standalone Profit After Tax for Q3FY24: Rs. 22.23 Cr, up 4% YoY (Page 16, 14, 2).
- Consolidated Profit After Tax for Q3FY24: Rs. 23.92 Cr, up 47% YoY (Page 16).
- EBITDA margin for standalone Q3FY24: 41%; for consolidated: 30% (Page 16, 14).
- Operating income on standalone basis shows a healthy 22% YoY growth in Q3FY24 (Page 4).
2 more points management made on revenue & sales performance
Profitability & Margins
See what CARE Ratings Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- New project announcements slowed to Rs 11.6 lakh crore in 9M FY24, down from Rs 22.2 lakh crore in 9M FY23 (Page 11).
- Capacity utilization in manufacturing sector decreased seasonally to 73.6% in Q1 FY24 from 76.3% in Q4 FY23 but remained higher than the previous year (Page 11).
- Centre’s capital expenditure (capex) is budgeted to rise to 22.2% of expenditure in FY24 compared to 17.4% in FY23 (Page 10).
- Gross Fixed Capital Formation (GFCF) grew by 11% year-on-year in Q2 FY24, driven by healthy government capex ahead of elections (Page 10).
2 more points management made on capital expenditure plans
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Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what CARE Ratings Ltd said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
2 more points management made on order book & pipeline
CARE Ratings Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹131 Cr, net profit ₹53 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
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What CARE Ratings Ltd's management said in earlier quarters
- Q1 FY25 earnings call analysis →
- Q3 FY26 earnings call analysis →
- Q1 FY27 earnings call analysis →
- Q2 FY25 earnings call analysis →
- Q4 FY24 earnings call →
- Q4 FY23 earnings call →
- Q3 FY22 earnings call →
- Q2 FY22 earnings call →
- Q4 FY20 earnings call →
- Q2 FY20 earnings call →
- Q1 FY20 earnings call →
- Q4 FY19 earnings call →
Frequently Asked Questions
What were CARE Ratings Ltd Q3 FY24 results?
Standalone Total Operating Income (TOI) for Q3FY24: Rs. Quarter (Q3 FY24) Financials - Standalone: - EBITDA: Rs.
What is CARE Ratings Ltd share price analysis?
CARE Ratings Ltd currently shows a neutral. The stock trades at a P/E of 28.3 with a market cap of ₹5,026 Cr. Investors should review the full earnings analysis for detailed insights.
Is CARE Ratings Ltd planning capital expenditure?
New project announcements slowed to Rs 11.6 lakh crore in 9M FY24, down from Rs 22.2 lakh crore in 9M FY23 (Page 11).
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This analysis is AI-generated based on publicly available earnings data and the company's investor presentation. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.