ICRA Quarterly Results, Profit & Loss, Balance Sheet (ICRA)
ICRA quarterly results and annual financials: sales, operating profit, OPM, net profit, EPS, balance sheet, cash flow and ratios like ROCE, with YoY and QoQ growth.
ICRA Ltd reported sales of ₹178 Cr, operating profit of ₹66 Cr (OPM 37%) and net profit of ₹52 Cr for the quarter ended Sep 2026. Figures in ₹ crore, consolidated where available.
ICRA quarterly results (₹ Cr)
Metric
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Sales
121
136
124
137
164
175
163
178
Expenses
79
77
85
88
106
105
108
112
Operating Profit
42
59
40
49
57
70
55
66
OPM
35%
43%
32%
36%
35%
40%
34%
37%
Other Income
19
21
24
21
9
14
32
17
Interest
1
1
2
1
1
1
0
0
Depreciation
4
4
4
4
10
10
11
11
Profit before tax
56
74
58
64
55
73
76
72
Tax
24%
24%
27%
25%
29%
28%
26%
27%
Net Profit
42
56
43
48
39
53
56
52
EPS in Rs
43.55
57.75
43.97
49.54
40.22
54.35
58.19
54.06
ICRA profit & loss, annual (₹ Cr)
Metric
Mar 2022
Mar 2023
Mar 2024
Mar 2025
Mar 2026
TTM
Sales
343
403
446
498
600
680
Expenses
222
260
297
320
384
432
Operating Profit
121
143
149
178
215
248
OPM
35%
35%
33%
36%
36%
36%
Other Income
41
50
75
77
68
72
Interest
2
1
10
5
4
3
Depreciation
8
10
13
16
28
41
Profit before tax
152
181
200
234
250
276
Tax
25%
25%
24%
27%
27%
-
Net Profit
114
137
152
171
183
201
EPS in Rs
116.35
140.13
156.55
176.15
188.08
206.82
Dividend Payout
24%
93%
64%
34%
56%
-
ICRA balance sheet (₹ Cr)
Metric
Mar 2024
Mar 2025
Sep 2025
Mar 2026
Sep 2026
Equity Capital
10
10
10
10
10
Reserves
967
1,044
1,078
1,171
1,181
Borrowings
13
13
12
18
14
Other Liabilities
195
225
265
282
298
Total Liabilities
1,184
1,292
1,364
1,481
1,503
Fixed Assets
91
90
90
313
300
CWIP
1
4
0
2
1
Investments
813
773
911
730
771
Other Assets
278
426
363
436
430
Total Assets
1,184
1,292
1,364
1,481
1,503
ICRA cash flows (₹ Cr)
Metric
Mar 2022
Mar 2023
Mar 2024
Mar 2025
Mar 2026
Cash from Operating Activity
97
99
107
145
157
Cash from Investing Activity
-72
-77
28
-17
-95
Cash from Financing Activity
-31
-32
-137
-103
-67
Net Cash Flow
-7
-10
-2
25
-5
Free Cash Flow
91
90
100
133
145
CFO/OP
114%
103%
106%
113%
103%
CFO/EBITDAShare of operating profit converting into cash: CFO (before tax) / Operating Profit