Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

CARE Ratings Reports 26% Surge In Q2 Consolidated Net Profit To ₹72.37 Crore; H1 Operating Income Grows 20%

Mumbai: CARE Ratings Limited on Thursday announced its unaudited financial results for the second quarter and half year ended 30 September 2026. Quarterly Performance For the second quarter of FY27 , consolidated operating income stood at ₹164.13 crore, a 20% increase year-on-year. Consolidated EBITDA for the quarter was ₹84.61 crore, up 23% year-on-year, with an EBITDA margin of 52%.…

CARE Ratings Limited disclosed strong financial results for the second quarter and half year ended September 30, 2026. In the quarter, consolidated operating income soared 20% year-on-year to ₹164.13 crore, while EBITDA rose 23% to ₹84.61 crore, yielding a margin of 52%. Net profit expanded 26% to ₹72.37 crore, with a PAT margin of 40%. Earnings per share stood at ₹23.88.

For the half year, operating income grew 20% year-on-year to ₹275.81 crore, with EBITDA increasing 24% to ₹119.25 crore and the margin at 43%. Net profit jumped 26% to ₹105.36 crore, with a PAT margin of 34%. EPS was ₹34.61.

Ratings business generated ₹148.51 crore, growing 21% YoY, while non-ratings contributed ₹15.62 crore, up 15% year-on-year. In H1, Ratings revenue reached ₹247.22 crore, increasing 20% YoY, and non-ratings revenue was ₹28.59 crore, up 18% year-on-year.

Board members declared an interim dividend of ₹10 per share for Q2 FY27, with a face value of ₹10. Mehul Pandya, Managing Director & CEO, highlighted the Indian economy's resilience amidst global challenges. Ratings and non-ratings businesses reported 20% and 18% growth respectively, Pandya added. This story is based on company filings and provided for informational purposes only.

Written by urgent.news from Free Press Journal's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at freepressjournal.in →

More in Finance & Markets

Gold prices fall

Vietnam gold prices dropped to a one-month low on Friday morning as global bullion rates fell below the US4,000 mark.

More from Friday 30 October →