ICRA Q2 Results: Profit jumps 29% to Rs 48 crore

Rating agency ICRA announced strong financial results for the September quarter. Consolidated net profit surged by 29.4 percent to Rs 48 crore. Revenue from operations also saw a healthy increase of 8.3 percent, reaching Rs 136.6 crore. For the half year, profit after tax grew 24.4 percent. This performance was driven by growth in the ratings and research segments.