Stock Report

CARE Ratings Ltd posts consolidated net profit of Rs. 46.08 crores in Q2 FY2025



Posted On : 2024-10-24 00:39:49( TIMEZONE : IST )

CARE Ratings Ltd posts consolidated net profit of Rs. 46.08 crores in Q2 FY2025

CARE Ratings Limited has reported Consolidated financial results for the period ended September 30, 2024.

Financial Results (Q2 FY2025) - QoQ Comparison

The company has reported total income of Rs. 129.2261 crores during the period ended September 30, 2024 as compared to Rs. 90.7907 crores during the period ended June 30, 2024.

The company has posted net profit / (loss) of Rs. 46.0895 crores for the period ended September 30, 2024 as against net profit / (loss) of Rs. 20.7348 crores for the period ended June 30, 2024.

The company has reported EPS of Rs. 15.36 for the period ended September 30, 2024 as compared to Rs. 6.91 for the period ended June 30, 2024.

Financials Q2 FY2025 Q1 FY2025 % Change
Total Income ₹ 129.2261 crs ₹90.7907 crs Up Tick / Down Tick42.33%
Net Profit ₹46.0895 crs ₹20.7348 crs Up Tick / Down Tick122.28%
EPS ₹15.36 ₹6.91 Up Tick / Down Tick122.29%

Financial Results (Q2 FY2025) - YoY Comparison

The company has reported total income of Rs. 129.2261 crores during the period ended September 30, 2024 as compared to Rs.107.6281 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs.46.0895 crores for the period ended September 30, 2024 as against net profit / (loss) of Rs.35.1741 crores for the period ended September 30, 2023.

The company has reported EPS of Rs.15.36 for the period ended September 30, 2024 as compared to Rs.11.79 for the period ended September 30, 2023.

Financials Q2 FY2025 Q2 FY2024 % Change
Total Income ₹ 129.2261 crs ₹107.6281 crs Up Tick / Down Tick20.07%
Net Profit ₹46.0895 crs ₹35.1741 crs Up Tick / Down Tick31.03%
EPS ₹15.36 ₹11.79 Up Tick / Down Tick30.28%

Financial Results (Half Year Ended FY2025) - YoY Comparison

The company has reported total income of Rs.220.0168 crores during the 6 Months period ended September 30, 2024 as compared to Rs.185.5801 crores during the 6 Months period ended September 30, 2023.

The company has posted net profit / (loss) of Rs.66.8243 crores for the 6 Months period ended September 30, 2024 as against net profit / (loss) of Rs.52.9841 crores for the 6 Months period ended September 30, 2023.

The company has reported EPS of Rs.22.28 for the 6 Months period ended September 30, 2024 as compared to Rs.17.78 for the 6 Months period ended September 30, 2023.

Financials Half Year Ended FY2025 Half Year Ended FY2024 % Change
Total Income ₹220.0168 crs ₹185.5801 crs Up Tick / Down Tick18.56%
Net Profit ₹66.8243 crs ₹52.9841 crs Up Tick / Down Tick26.12%
EPS ₹22.28 ₹17.78 Up Tick / Down Tick25.31%

Shares of CARE Ratings Limited was last trading in BSE at Rs. 1174.30 as compared to the previous close of Rs. 1137.90. The total number of shares traded during the day was 2514 in over 639 trades.

The stock hit an intraday high of Rs. 1181.30 and intraday low of 1147.00. The net turnover during the day was Rs. 2938699.00.

Source : Equity Bulls

Keywords

CARERatings Q2FY25 H1FY25 Q2FY2025 H1FY2025 ResultUpdate