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Crisil Q1 Stand-Alone Profit Dips By 15%

Crisil Ltd. posted first-quarter stand-alone net profit of Rs.45.60 crore or Rs.6.47 per share, compared with Rs.53.85 crore or Rs.7.64 per share for the quarter ended March 31, 2012, reflecting a 15 percent decline. Total income, including other operating income, rose by one percent to Rs.188.85 crore from the Rs.187.35 crore in the year-ago quarter.

On a consolidated basis, its net profit for the first-quarter declined by 13 percent to Rs.49.57 crore or Rs.7.03 per share from the Rs.56.98 crore or Rs.8.08 per share in the preceding year quarter. Total income, including other operating income, was up by 11 percent at Rs.255.00 crore, compared with Rs.229.74 crore in the first-quarter of last year.

Its board declared an interim dividend of Rs.three per equity share of Re.1 each for the fiscal year 2013. Ir fixed April 26 as the Record Date for the purpose of payment of interim dividend and it will be paid May 10.

At the BSE, Crisil closed Thursday's trading at Rs.898.40, down 2.85 percent from the previous close.

by RTTNews Staff Writer

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