td climbed over 6% in early trading on Friday after the rating and research firm reported a strong set of quarterly results, with net profit rising 46% year-on-year to Rs 233 crore.
Revenue from operations grew 30% to Rs 1,058 crore in the quarter, compared to Rs 813.2 crore in the same period last year. This robust top-line growth was driven by healthy demand across its ratings, research, and analytics segments.
EBITDA increased 37.3% to Rs 318.6 crore from Rs 232 crore a year earlier. The EBITDA margin improved to 30.1%, up from 28.5% in the corresponding quarter, reflecting better operational efficiency and cost management.
Analysts noted that the impressive performance highlights CRISIL's continued strength in its core businesses amid a stable economic environment. The stock reacted positively to the earnings beat, with investors cheering the margin expansion and double-digit revenue growth.