Wednesday, October 29, 2008

CRISIL - Geojit

by Bharat Mudgal 0 comments



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CRISIL, India’s leading Credit Rating, Research & Information, Risk and Policy Advisory Company and 51.63%
subsidiary of S&P, has reported fantastic performance for Q3 CY 2008. Income from operations rose by 36% to
Rs. 135 crore (Rs. 99.3 crore), mainly led by 36% increase in Income from Rating services of Rs. 45.16 crore (Rs.
33.23 crore). Research and Information Service income grew @ 56.4% to Rs. 64.62 crore (Rs. 41.31 crore).
Advisory Service Income remained stagnant at Rs. 25.25 crore. OPM% improved significantly to 36.9% after
accounting for exchange gain of Rs. 3.23 crore (as against exchange loss of Rs. 90 lakh). PBT soared up by 51.8%
to Rs. 51.6 crore (Rs. 33.97 crore). Extra ordinary income being reversal of leave encashment provision of Rs.
7.07 crore led to 57.3% spurt in PAT of Rs. 42.3 crore.

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Bharat Mudgal
Analyst, stockMode Networks
India
bharatmudgal@stockMode.com

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