ICRA ICRA Q4 FY25 results (Jan–Mar 2025) and concall
ICRA reported a strong performance for Q4 FY25 and the full financial year, with significant top-line and PAT growth driven by its Ratings division. The company continued to strengthen its strategic positioning through partnerships and product portfolio expansion, while also benefiting from past IT investments and operational efficiencies. Despite a moderation in overall credit growth, ICRA maintained its focus on profitable segments and improved pricing.
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What they filed
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 |
|---|---|---|---|
| Revenue | 72 | 71 | 81 |
| EBITDA | 21 | 23 | 36 |
| Net profit | 50 | 31 | 42 |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.





