CRISIL reports 53.20% yoy jump in PAT at Rs168.63cr for Q3FY22; stock soars ~7%

16 Feb 2022 , 10:38 AM

On Wednesday morning trade, CRISIL Ltd.’s stock tossed up by 6.92% or Rs187.80 to trade at Rs2,901.10 against its previous closing price of Rs2,713.30. It soared to day’s high of Rs2,926 so far. It opened at Rs2,910 today.

CRISIL’s consolidated income from operations for the quarter ended December 2021 increased by 18.2% yoy to Rs706 crore, as compared to Rs597.20 crore in the previous corresponding quarter. CRISIL’s consolidated income from operations for the 9M ended December 2021 stood at Rs2,300.70 crore as compared to Rs1,981.80 crore for the 9M ended December 2020, up by 16.10% yoy.

Consolidated total income for the quarter ended December 2021 rose 17.5% yoy to Rs719.50 crore, as against Rs612.20 crore in the quarter ended December 2020.

Profit after tax (PAT) for the quarter ended December 2021 jumped 53.2% yoy to Rs168.60 crore, as compared to Rs110 crore in the quarter ended December 2020. Profit after tax for the 9M period ended December 2021 increased 31.3% yoy to Rs465.80 crore, against Rs354.70 crore in the corresponding 9M period.

PBT for the quarter ended December 2021 reported at Rs179.50 crore as against Rs134.10 crore for the quarter ended December 2020, up by 33.90% yoy.