Crisil Posts Strong Q1 Results With Robust Profit Growth
ECONOMY & POLICY

Crisil Posts Strong Q1 Results With Robust Profit Growth

The board of Crisil Limited approved unaudited consolidated results for the quarter ended 31 March 2026 showing growth across key metrics. Consolidated income from operations rose 30.1 per cent to Rs 10,577 million (mn) from Rs 8,132 mn a year earlier, and consolidated total income increased 29.6 per cent to Rs 10,937 mn. Profit before tax rose 35.7 per cent to Rs 3,084 mn and profit after tax grew 45.9 per cent to Rs 2,333 mn. The quarter included a favourable foreign exchange movement, with a gain of Rs 144 mn versus a loss of Rs 52 mn in the prior year.

An interim dividend of Rs nine per share was declared. Management attributed growth to client centricity and domain-led solutions and said investments in generative artificial intelligence and digitalisation supported product development. Leadership emphasised focus on increasing wallet share in core markets and expanding into adjacencies and new client segments. The company said it is entering its fortieth year of operations.

Crisil set out a macro outlook, projecting base case GDP growth of 7.1 per cent and a downside scenario of 6.8 per cent if geopolitical disruptions persist. The firm noted elevated yields and a 12 per cent year-on-year decline in corporate bond issuance by volume, while the number of issuers rose a marginal five per cent. Bank credit was up 14.5 per cent as of February 2026 compared with 11.1 per cent a year earlier. Management also observed that near-term rupee depreciation provided a tailwind to revenue.

Ratings revenue rose 18.9 per cent year-on-year and the research, analytics and solutions segment grew 34.9 per cent, buoyed by demand for risk and data analytics. The global analytics centre expanded surveillance support to S&P Global and the group launched a unified intelligence platform, Crisil i360, in February 2026. Franchise activity included flagship events and partnerships, while community programmes reached 0.21 million (mn) additional people through the Sakhi cadre and facilitated about 0.15 mn linkages. Memoranda were signed to plant 86,000 trees and construct check dams as part of sustainability efforts.

The board of Crisil Limited approved unaudited consolidated results for the quarter ended 31 March 2026 showing growth across key metrics. Consolidated income from operations rose 30.1 per cent to Rs 10,577 million (mn) from Rs 8,132 mn a year earlier, and consolidated total income increased 29.6 per cent to Rs 10,937 mn. Profit before tax rose 35.7 per cent to Rs 3,084 mn and profit after tax grew 45.9 per cent to Rs 2,333 mn. The quarter included a favourable foreign exchange movement, with a gain of Rs 144 mn versus a loss of Rs 52 mn in the prior year. An interim dividend of Rs nine per share was declared. Management attributed growth to client centricity and domain-led solutions and said investments in generative artificial intelligence and digitalisation supported product development. Leadership emphasised focus on increasing wallet share in core markets and expanding into adjacencies and new client segments. The company said it is entering its fortieth year of operations. Crisil set out a macro outlook, projecting base case GDP growth of 7.1 per cent and a downside scenario of 6.8 per cent if geopolitical disruptions persist. The firm noted elevated yields and a 12 per cent year-on-year decline in corporate bond issuance by volume, while the number of issuers rose a marginal five per cent. Bank credit was up 14.5 per cent as of February 2026 compared with 11.1 per cent a year earlier. Management also observed that near-term rupee depreciation provided a tailwind to revenue. Ratings revenue rose 18.9 per cent year-on-year and the research, analytics and solutions segment grew 34.9 per cent, buoyed by demand for risk and data analytics. The global analytics centre expanded surveillance support to S&P Global and the group launched a unified intelligence platform, Crisil i360, in February 2026. Franchise activity included flagship events and partnerships, while community programmes reached 0.21 million (mn) additional people through the Sakhi cadre and facilitated about 0.15 mn linkages. Memoranda were signed to plant 86,000 trees and construct check dams as part of sustainability efforts.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code