ICRA NSE filing

ICRA Limited Reports Q2 FY27 Unaudited Results; Revenue Jumps to ₹17,785.64 Lakhs

The RealCase readHigh impact Positive

ICRA Limited reported Q2 FY27 un-audited results. Revenue from operations surged to ₹17,785.64 lakhs, with profit after tax at ₹5,143.53 lakhs. For the half year, revenue was ₹34,122.24 lakhs and profit after tax was ₹10,890.41 lakhs. The company completed acquisitions of D2K Technologies and Fintellix.

Why it matters

The financial results show significant year-on-year growth, which is a material event for investors. The completion of acquisitions also has a strategic impact on the company's structure and future prospects.

The market read

The company reported strong growth in revenue and profit for the quarter and half year, indicating positive financial performance. The completion of strategic acquisitions also contributes to the positive sentiment.

ICRA Limited announced its un-audited financial results for the second quarter and half year ended September 30, 2026. The Board of Directors approved the results, which were reviewed by the Audit Committee.

The company reported a revenue from operations of ₹17,785.64 lakhs for the second quarter of FY27, a significant increase from ₹13,657.87 lakhs in the same period last year. Total income for the quarter stood at ₹19,242.78 lakhs. Expenses were recorded at ₹12,326.21 lakhs, resulting in a profit before tax of ₹7,198.57 lakhs. Profit after tax for the quarter was ₹5,143.53 lakhs.

For the half year ended September 30, 2026, revenue from operations reached ₹34,122.24 lakhs, compared to ₹26,106.74 lakhs in the corresponding period of the previous year. Total income for the half year was ₹38,112.40 lakhs, with total expenses at ₹24,526.50 lakhs. Profit before tax for the half year was ₹14,171.45 lakhs, and profit after tax was ₹10,890.41 lakhs.

The company also provided segment-wise information, with 'Ratings & ancillary services' contributing ₹9,867.03 lakhs and 'Risk & Analytics' contributing ₹8,047.17 lakhs to the total segment revenue for the quarter. The standalone results also indicated strong performance, with revenue from operations at ₹9,651.93 lakhs for the quarter and ₹17,830.79 lakhs for the half year.

ICRA Limited also noted the completion of the acquisition of the remaining 40% stake in D2K Technologies India Private Limited for ₹32.02 crore and the remaining 1.25% equity share capital of Fintellix India Private Limited for ₹3.17 crore, making them wholly-owned subsidiaries. The dividend of ₹105 per equity share for FY2025-26 was approved by shareholders and paid in August 2026.

Filing to action

What to do with a filing like this

ICRA Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.

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Primary source

A plain-language summary of a public exchange filing by ICRA Limited. Read the original for the full detail.

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