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New Delhi: Domestic rating agency Crisil on Tuesday reported a 14.3 per cent growth in net profit at Rs 171.6 crore in the June quarter of the current fiscal.
The company has a consolidated net profit of Rs 150.1 crore in the second quarter (April-June) of 2024-25 fiscal.
Consolidated total income for the April-June quarter rose 6.3 per cent to Rs 866.6 crore, compared with 815.4 crore in the corresponding quarter of the previous year.
Crisil, Managing Director & CEO, Amish Mehta said, "Our strategic investments in technology and talent, combined with domain-led solutions, are enabling us to navigate this complex landscape and capitalise on emerging opportunities. We are maintaining our momentum and continuing to deliver value to stakeholders."
The board of directors has approved the payment of second interim dividend of Rs 9 per equity share for the financial year ending December 31, 2025, which will be paid on August 8, 2025.
In a regulatory filing, Crisil said the Board of Directors of Coalition Development Singapore Pte. Ltd. (Coalition Singapore), a wholly-owned subsidiary of Crisil, has approved closure of Coalition Singapore today.
To streamline Crisil’s global entity structure, it is proposed to close Coalition Development Singapore Pte. Ltd, it said, adding the closure would be completed within 12 months.
Shares of Crisil were trading at Rs 5,775.00, down 0.81 per cent over previous close on BSE.