ICRA Reports Q2: Revenue Up by 20.29% Year-on-Year

The comprehensive analytics outlining the performance and outlook of ICRA Limited‘s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Today, we’re looking at ICRA Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 20.29 %. However, it did see a marginal increase of 9.85 % from the previous quarter. Expenses ticked up slightly by 6.55 % quarter-on-quarter, aligning with the annual rise of 19.86 %. Operating profit, while up 21.17 % compared to last year, faced a quarter-on-quarter increase of 17.28 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 0.24 %, but an expansion of 2.07 % sequentially. Other income rose by 12.05 % compared to the last quarter, despite an annual growth of 22.51 %. Interest expenses dropped significantly by -84.19 % from the previous quarter, yet the year-over-year increase remains at a moderate 9.68 %. Depreciation costs climbed by 8.09 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 41.2 %. Profit before tax grew annually by 20.52 % but saw an increase from the preceding quarter by 20.65 %.
Tax expenses as a percentage of profits increased slightly by 2.86 % compared to last year, with a more notable quarter-on-quarter increase of 10.87 %. Net profit rose by 15.43 % year-on-year but experienced a 3.4 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 15.38 % but a quarterly rise of 3.28 %. In summary, ICRA Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing ICRA Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 20.29 % year-on-year growth, however, there was a minor increase of 9.85 % from the previous quarter. Expenses rose by 19.86 % compared to the previous year, with a 6.55 % increase quarter-on-quarter. Operating Profit surged by 21.17 % annually, and saw a 17.28 % increase from the last quarter.
Net Profit showed yearly increase of 15.43 %, and experienced a 3.4 % increase from the previous quarter. Earnings Per Share (EPS) rose by 15.38 % annually, however rose by 3.28 % compared to the last quarter. In essence, while ICRA Limited exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.