ICRA has reported results for fourth quarter and year ended March 31, 2017.
The company has reported a rise of 23.23% in its net profit at Rs 20.00 crore for the quarter ended March 31, 2017 as compared to Rs 16.23 crore for the same quarter in the previous year. Total income of the company increased by 11.63% at Rs 64.12 crore for quarter under review as compared to Rs 57.44 crore for the quarter ended March 31, 2016.
For the year ended March 31, 2017, the company has posted a rise of 35.48% in its net profit at Rs 83.28 crore as compared to Rs 61.47 crore in FY16. Total income of company increased by 11.81% at Rs 244.93 crore for year under review as compared to Rs 219.06 crore for the year ended March 31, 2016.
On consolidated basis, the company has reported a rise of 13.60% in its net profit after tax and minority interest at Rs 21.97 crore for the quarter ended March 31, 2017 as compared to Rs 19.34 crore for the same quarter in the previous year. However, total income of the company decreased by 12.27% at Rs 85.04 crore for quarter under review as compared to Rs 96.93 crore for the same quarter ended previous year.
For the year ended March 31, 2017, on the consolidated basis, the company has posted a fall of 2.70% in its net profit after tax and minority interest at Rs 74.18 crore as compared to Rs 76.24 crore in the previous year. Total income of the company decreased by 2.90% at Rs 357.55 crore for year under review as compared to Rs 368.23 crore for the year ended March 31, 2016.
