Results - Announcements
CARE Ratings Ltd share price gained 0.39% to Rs 1620.35 after the company's net profit saw a strong growth of 119.37% to Rs 72.37 crore, while revenue from operations gained significantly 46.96% to Rs 164.13 crore in Q3FY26 over Q2FY26.
The market capitalization of Ratings industry group stocks on BSE stood at Rs 9873.7 crore, surging by 24.34%. It has improved by 0.26% over last one week and eased lower by 7.13% in last one month while the market capitalization of CARE Ratings Ltd has marginally improved by 1.14% and 5.12% in the same period respectively.
Profit before tax (PBT) of CARE Ratings Ltd stood at Rs 95.6 crore in Q3 FY26, expanding by 24.30% year-on-year, and rallying 112.59% quarter-on-quarter. EBITDA came in at Rs 69 crore, jumping 23.91% YoY and jumping 248.87% sequentially.
Total expenses grew marginally by 3.05% to Rs 83.38 crore in Q3FY26 over Q3FY25. During the quarter, employee benefits expense was at Rs 60.74 crore, easing 2.60% YoY.
For the TTM ended FY26, revenue from operations advanced 17.59% to Rs 473.07 crore, while net profit soared by 24.07% to Rs 173.7 crore, compared to previous TTM. EBITDA jumped by 10624% to Rs 142.58 crore, and PBT witnessed a strong rise of 22.41% to Rs 235.35 crore compared to previous TTM.
CARE Ratings Ltd inched up 2.98% in last one year, significantly outperforming the benchmark BSE Sensex which has reduced by 12.76% during the same period.