ICRA Ltd Q2 FY27 results are out (Jul–Sep 2026) →Revenue ₹178 Cr +29.9% YoYSee revenue, profit and what management said. You are viewing Q1 FY25.
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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 capex.

Revenue
₹115Cr
−7.3% QoQ
Net profit
₹36Cr
−23.4% QoQ
Margin
31%
−9 pp QoQ

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 investor presentation reports, not management guidance.

Price₹4,443
Market cap₹4.4K Cr
P/E22.3

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%.

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 from ICRA Ltd's call on revenue

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Profitability & Margins

Profit After Tax (PAT):

Locked: what ICRA Ltd said on margins

Also locked on this page: capex, fundraising

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Capital Expenditure Plans

See what ICRA Ltd said on capital expenditure plans — free account, 30 seconds.

Top-ranked in Capital Markets

Ranked on what management guided this quarter

Guidance-ranked
1BSE
Rev 2Mar 3
Rev 2Mar 3
3
Rev 2Mar 3
4
Rev 2Mar 3
5
Rev 2Mar 3
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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

No reference to order book, orders inflow, or pending orders is made in the presentation.

ICRA Ltd — Quarterly revenue & net profit

Revenue Net profit
Jun 2025Q1 FY26
Sep 2025Q2 FY26
Dec 2025Q3 FY26
Mar 2026Q4 FY26
Jun 2026Q1 FY27
Sep 2026Q2 FY27

ICRA Ltd Q1 FY25 results — key figures

ICRA Ltd Q1 FY25 reported results vs year-ago quarter, ₹ crore
₹ CrQ1 FY25Q4 FY24QoQ
Revenue115124-7.3%
Operating profit (EBITDA)3550-30%
Operating margin31%40%-9 pp
Profit before tax4762-24.2%
Net profit (PAT)3647-23.4%
EPS (₹)36.8048.56-24.2%

Source: reported quarterly figures (Screener), ₹ crore.

Reported quarterly figures (₹ Cr). Latest (Q2 FY27): revenue ₹178 Cr, net profit ₹52 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

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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%.

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.

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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.