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CARE Ratings reports 19% fall in Q3 consolidated net profit

12 Feb 2019 Evaluate

CARE Ratings has reported results for third quarter ended December 31, 2018.

The company has reported a fall of 23.79% in its net profit at Rs 28.41 crore for the quarter under review as compared to Rs 37.28 crore for the same quarter in the previous year. Total income of the company decreased by 7.36% at Rs 73.62 crore for Q3FY19 as compared Rs 79.47 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 18.53% in its net profit at Rs 30.55 crore for the quarter under review as compared to Rs 37.50 crore for the same quarter in the previous year. Total income of the company decreased marginally by 1.22% at Rs 81.67 crore for Q3FY19 as compared Rs 82.68 crore for the corresponding quarter previous year.

Peers
Company Name CMP
CRISIL 4399.90
ICRA 4298.85
Care Ratings 1536.90
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