The audited financial results for ICRA Limited for the quarter and year ended March 31, 2026, were approved by the Board of Directors on May 21, 2026. For the quarter ended March 31, 2026, the company reported revenue from operations of Rs. 17,485.16 Lakhs. In comparison, the revenue for the preceding quarter ended December 31, 2025, was Rs. 16,359.11 Lakhs, and for the corresponding quarter of the previous year ended March 31, 2025, it was Rs. 13,621.29 Lakhs. This represents a quarter-on-quarter (QoQ) growth of 6.88% and a year-on-year (YoY) growth of 28.37%. Detailed financial analysis is presented in the table below:
| Particulars | Quarter ended 31-Mar-2026 (Rs. Lakhs) | Quarter ended 31-Dec-2025 (Rs. Lakhs) | Quarter ended 31-Mar-2025 (Rs. Lakhs) | QoQ Change (%) | YoY Change (%) |
|---|---|---|---|---|---|
| Revenue from Operations | 17,485.16 | 16,359.11 | 13,621.29 | 6.88% | 28.37% |
ICRA Limited, established in 1991, is a leading independent professional investment information and credit rating agency headquartered in New Delhi, India. The company provides credit ratings, investment research, and risk management consulting services. Moody’s Corporation is a majority shareholder in the company, holding approximately 52.03% of the shares.
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