• SENSEX 78,009.25
    -70.71 (--0.09%)
  • BANKNIFTY 57,635.25
    -250.60 (--0.43%)
Back

Results - Announcements

CARE Ratings Ltd consolidated sales down 14.53% on year in Q2FY2026, net profit plunged by 38.28%
07-Aug-2026, 07:35
CARE Ratings Ltd share price softened by 0.95% to Rs 1728.85 after the company's net profit tumbled by 38.28% to Rs 32.99 crore, while revenue from operations reduced 14.53% to Rs 111.68 crore in Q2FY26 over Q1FY26. The market capitalization of Ratings industry group stocks on BSE stood at Rs 10243.13 crore, slipping 9.97%. It has marginally improved by 3.20% over last one week and dipped slightly by 0.52% in last one month while the market capitalization of CARE Ratings Ltd has improved by 1.11% and 4.71% in the same period respectively. Profit before tax (PBT) of CARE Ratings Ltd stood at Rs 44.97 crore in Q2 FY26, rallying 20.11% year-on-year, and nosediving by 37.55% quarter-on-quarter. EBITDA came in at Rs 20 crore, expanding by 41.24% YoY and tumbling by 55.98% sequentially. Total expenses inched up 9.72% to Rs 80.91 crore in Q2FY26 over Q2FY25. During the quarter, employee benefits expense was at Rs 59.2 crore, jumping 12.61% YoY. For the TTM ended FY26, revenue from operations improved 17.59% to Rs 473.07 crore, while net profit saw a strong growth of 24.07% to Rs 173.7 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 10624% to Rs 142.58 crore, and PBT surged 22.41% to Rs 235.35 crore compared to previous TTM. CARE Ratings Ltd headed higher 5.75% in last one year, significantly outperforming the benchmark BSE Sensex which has softened by 1.97% during the same period.