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Care reports marginal rise in Q3 net profit

20 Jan 2014 Evaluate

Care has reported results for third quarter ended December 31, 2013.

The company has reported 0.68% rise in its net profit at Rs 28.01 crore for the quarter as compared to Rs 27.82 crore for the same quarter in the previous year. Total income of the company has increased by 18.15% at Rs 53.83 crore for quarter under review as compared to Rs 45.56 crore for the quarter ended December 31, 2012.

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 4435.90
ICRA 4350.50
Care Ratings 1553.50
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