Credit Analysis and Research has reported results for third quarter ended December 31, 2015.
The company has reported 2.13% rise in its net profit at Rs 26.80 crore for the quarter ended December 31, 2015 as compared to Rs 26.24 crore for the same quarter in the previous year. However, the company’s total income has decreased by 2.05% to Rs 63.92 crore for the quarter under review from Rs 65.26 crore for the corresponding quarter of the previous year.
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.