ICRA Ltd
ICRA Q3 FY25: Revenue ₹120.9 Cr
Q3 FY25 investor presentation: what the company reported on revenue, margins and projects.
Based on ICRA Ltd's Q3 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
Q3 FY2025 Revenue: ₹120.9 crore, up 5.5% YoY from ₹114.6 crore in Q3 FY2024 (Page 6). The presentation does not explicitly report EBITDA or operating margin for Q3 FY2025.
From ICRA Ltd's Q3 FY25 earnings-call transcript · updated 25 Sept 2026.
Revenue & Sales Performance
- Q3 FY2025 Revenue: ₹120.9 crore, up 5.5% YoY from ₹114.6 crore in Q3 FY2024 (Page 6).
- 9M FY2025 Revenue: ₹361.8 crore, up 12.3% YoY from ₹322.2 crore in 9M FY2024 (Page 6).
- Ratings and ancillary services segment revenue in Q3 FY2025 increased with bond issuances growing ~35% YoY, driven by strong NBFC issuances (Pages 6 and 7).
- Research & Analytics showed modest revenue growth in Q3 FY2025 with strong domestic growth but lower international orders (Page 6).
- Profit after tax for Q3 FY2025 was ₹42.2 crore, up 30.3% YoY from ₹32.4 crore (Page 6).
- Segmental breakout shows Ratings and ancillary services revenue of ₹49.2 crore in Q3 FY2025 vs ₹48.7 crore in Q3 FY2024 (Page 7).
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
- Government of India’s capex is budgeted to rise by 10.1% in FY2026, supporting investment activity. (Page 4)
- Data center operational capacity in India is expected to double from 950 MW in FY2024 to 2,000-2,100 MW by FY2027. (Page 10 & 9)
- This data center expansion will involve investments worth approximately Rs. 50,000-55,000 crore (~US$ 5.9 - 6.5 billion) over the period to FY2027. (Page 10 & 9)
- Indian steel industry plans fresh capacity addition of 90-95 million tonne per annum (mtpa) entailing investments of $45-50 billion; however, this may face slowdowns unless earnings improve. (Page 9)
2 more points management made on capital expenditure plans
Top-ranked in Capital Markets
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 ICRA Ltd said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
ICRA Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹175 Cr, net profit ₹53 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
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What ICRA Ltd's management said in earlier quarters
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Frequently Asked Questions
What were ICRA Ltd Q3 FY25 results?
Q3 FY2025 Revenue: ₹120.9 crore, up 5.5% YoY from ₹114.6 crore in Q3 FY2024 (Page 6). The presentation does not explicitly report EBITDA or operating margin for Q3 FY2025.
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?
Government of India’s capex is budgeted to rise by 10.1% in FY2026, supporting investment activity.
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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.