ICRA Limited

12%

Performance Review: ICRA Limited Operating Environment • • • Bank credit outstanding witnessed 12% growth driven by the retail segment and Non Banking Financial Companies (NBFCs). Bond issuances w

4%

ks, even as issuances by corporates stood flat. Simultaneously, commercial paper outstanding grew ~4% (q-o-q) in Q1FY20. Structured Finance volumes continued to grow strongly at ~56% (y-o-y) in Q1FY20

56%

outstanding grew ~4% (q-o-q) in Q1FY20. Structured Finance volumes continued to grow strongly at ~56% (y-o-y) in Q1FY20. 4 ICRA Standalone: Financial Highlights • • • • For the quarter ended Jun

₹51.4 crore

cial Highlights • • • • For the quarter ended June 30, 2019 the Company’s operating income was ₹51.4 crore, as against ₹56.5 crore in the corresponding quarter of the previous financial year, reflecting a d

₹56.5 crore

• For the quarter ended June 30, 2019 the Company’s operating income was ₹51.4 crore, as against ₹56.5 crore in the corresponding quarter of the previous financial year, reflecting a de-growth of 9.1%. The de

9.1%

₹56.5 crore in the corresponding quarter of the previous financial year, reflecting a de-growth of 9.1%. The de-growth in operating income was mainly due to sluggish growth in debt market issuances, both

14.8%

so remained subdued, during the quarter under review. The other income in the quarter increased by 14.8% compared to the corresponding quarter of the previous financial year, mainly due to higher interest

₹23.4 crore

nancial year, mainly due to higher interest income on bank fixed deposits. PBT for the quarter was ₹23.4 crore, reflecting a de-growth of 25.9%, against the corresponding quarter of the previous financial year,

25.9%

rest income on bank fixed deposits. PBT for the quarter was ₹23.4 crore, reflecting a de-growth of 25.9%, against the corresponding quarter of the previous financial year, mainly due to de-growth in incom

₹14.9 crore

ial year, mainly due to de-growth in income and higher growth in expenses. PAT for the quarter was ₹14.9 crore, 34.5% lower than the corresponding quarter in previous year. 5 ICRA Standalone: Financials Part

34.5%

nly due to de-growth in income and higher growth in expenses. PAT for the quarter was ₹14.9 crore, 34.5% lower than the corresponding quarter in previous year. 5 ICRA Standalone: Financials Particulars

41.0%

Variance Rs Variance % 56.5 8.8 65.4 27.7 0.0 0.5 5.7 33.8 31.5 8.7 22.8 (0.0) 22.7 41.0% 41.0% 51.4 10.1 61.5 27.5 0.6 1.2 8.9 38.2 23.4 8.4 14.9 (0.1) 14.8 29.1% 32.8% (5.2