Rating Major ICRA has reported unaudited results for the first quarter ended June 30, 2011.
The company’s net profit for the quarter ended June 30, 2011 declined by 63.16% at Rs 3.99 crore as compared to Rs 10.83 crore for the corresponding quarter last year. Its income from operation has decreased by 12.15% at Rs 23.79 crore for the quarter under review from Rs 27.08 crore for the same quarter last year.
ICRA is a leading financial/investment institution, commercial banks and financial service companies as an independent and professional investment information and credit rating agency.
