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CARE reports 50% rise in Q2 net profit

15 Nov 2014 Evaluate

Credit Analysis and Research (CARE) has reported results for second quarter ended September 30, 2014.

The company has posted a rise of 49.53% in its net at Rs 52.41 crore for the quarter ended September 30, 2014 as compared to Rs 35.05 crore for the same quarter in the previous year. Total income has increased by 37.07% at Rs 96.95 crore for quarter under review as compared to Rs 70.73 crore for the quarter ended September 30, 2013.

CARE is a second largest full service credit rating company in India, offering rating and grading services across a diverse range of instruments and industries including IPO grading, equity grading, and grading of various types of enterprises, including shipyards, maritime training institutes, construction companies and rating of real estate projects, among others.

 

Peers
Company Name CMP
CRISIL 4419.20
ICRA 4295.65
Care Ratings 1531.10
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