I

ICRA Ltd

Q1 FY25Capital Markets

ICRA Q1 FY25: Revenue ₹114.8 Cr, PAT ₹40.6 Cr

Q1 FY25 investor presentation: what the company reported on revenue, margins and projects.

Price₹4,443
Market cap₹4.4K Cr
P/E22.3
Updated25 Sept 2026
Read3 min read

Based on ICRA Ltd's Q1 FY25 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

Total revenue for Q1 FY2025 was ₹114.8 crore, up from ₹102.7 crore in Q1 FY2024, reflecting a growth of approximately 11.8%. EBITDA: The presentation does not explicitly state the EBITDA figure for Q1 FY2025 or year-on-year change.

From ICRA Ltd's Q1 FY25 earnings-call transcript · updated 25 Sept 2026.

Revenue & Sales Performance

  • Total revenue for Q1 FY2025 was ₹114.8 crore, up from ₹102.7 crore in Q1 FY2024, reflecting a growth of approximately 11.8%.
  • Segmental revenue figures (₹ crore) for Q1 FY2025 vs Q1 FY2024:
  • Rating, research and other services: ₹65.0 vs ₹59.7
  • Knowledge services: ₹39.5 vs ₹37.5
  • Others: ₹10.3 vs ₹5.5
  • Profit after tax declined from ₹40.6 crore in Q1 FY2024 to ₹35.9 crore in Q1 FY2025.
  • The presentation indicates a near-term economic dip due to elections and monsoon effects, expecting a back-ended pick-up in H2 FY2025, implying cautious revenue growth outlook.

2 more points management made on revenue & sales performance

Profitability & Margins

See what ICRA Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

The investor presentation does not explicitly mention any specific capex, capacity expansion, or new plant/project with amounts, status, or timelines. - Page 4 references a general outlook: "GoI’s capex is likely to display a back-ended pick-up in FY2025," indicating expected government capital expenditure increase later in the fiscal year, but no company-specific capex details are provided. - There is no mention of ICRA’s own capex plans, new plants, or expansions in the presented slides. Hence, the presentation focuses on financial performance, market outlook, segmental growth, and macroeconomic factors rather than detailed capex or project specifics.

Top-ranked in Capital Markets

Ranked on what management guided this quarter

5x potential
1BSE
Rev 2Mar 3
3
Rev 2Mar 3
4
Rev 2Mar 3
5
Rev 2Mar 3
Sign up free to see 3 moreTakes 30 seconds · no cardSign up

Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what ICRA Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

The provided investor presentation (Q1 FY2025) does not explicitly mention or report any information on order book, order inflow, or pending orders. The presentation focuses on: - Consolidated financial performance: revenue, profit after tax. - Segmental performance across business units. - Macro and market outlook. - Business resilience amidst economic conditions.

2 more points management made on order book & pipeline

ICRA Ltd — Quarterly revenue & net profit

Revenue Net profit
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹175 Cr, net profit ₹53 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

Others in Capital Markets this season

  • CARE Ratings Ltd (Q1 FY25)

    78.92 Crs, up 19% YoY (Page 13) . Key concall takeaways from CARE Ratings Ltd's Q1 FY25 earnings call — and how it ranks against sector peers.

  • IIFL Capital Services Ltd (Q1 FY25)

    Q1 FY25 Revenue from Operations: ₹6,399 Mn, up 56% YoY from ₹4,091 Mn in Q1 FY24 (Page 20). Key concall takeaways from IIFL Capital Services Ltd's Q1 FY25…

  • Geojit Financial Services Ltd (Q1 FY25)

    Market Capitalization as on 30 June 2024: ₹2486 crore . Key concall takeaways from Geojit Financial Services Ltd's Q1 FY25 earnings call — and how it ranks…

🔎 Who's planning the most growth?

Companies ranked by management's own guidance — revenue, margins, capex and order book, from every earnings call in India.

See rankings →

Frequently Asked Questions

What were ICRA Ltd Q1 FY25 results?

Total revenue for Q1 FY2025 was ₹114.8 crore, up from ₹102.7 crore in Q1 FY2024, reflecting a growth of approximately 11.8%. EBITDA: The presentation does not explicitly state the EBITDA figure for Q1 FY2025 or year-on-year change.

What is ICRA Ltd share price analysis?

ICRA Ltd currently shows a neutral. The stock trades at a P/E of 22.3 with a market cap of ₹4,386 Cr. Investors should review the full earnings analysis for detailed insights.

Is ICRA Ltd planning capital expenditure?

The investor presentation does not explicitly mention any specific capex, capacity expansion, or new plant/project with amounts, status, or timelines.

Keep ICRA Ltd on your radar — track it to get its next earnings analysis in your feed.

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.