ICRA Limited (NSE:ICRA)

ICRA Limited Income Statement

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	5,077	4,980	4,461	4,032	3,428	3,011
Revenue Growth (YoY)	10.80%	11.63%	10.63%	17.63%	13.87%	-6.24%
Cost of Revenue	2,710	2,663	2,469	2,224	1,919	1,829
Gross Profit	2,367	2,317	1,993	1,808	1,509	1,181
Selling, General & Admin	11.85	11.85	13.85	13.38	13.13	7.62
Other Operating Expenses	528.71	525.05	447.24	361.48	287.05	354.65
Operating Expenses	708.33	700.85	595.73	473.15	378.31	457.1
Operating Income	1,658	1,616	1,397	1,335	1,131	724.34
Interest Expense	-43.02	-48.03	-104.09	-14.13	-15.61	-20.57
Interest & Investment Income	179.62	179.62	159	251.98	295.65	379.64
Currency Exchange Gain (Loss)	-0.4	-0.4	3.2	15.11	6.06	-5.61
Other Non Operating Income (Expenses)	65.15	0.42	5.01	3.32	1.15	2.22
EBT Excluding Unusual Items	1,860	1,748	1,460	1,591	1,418	1,080
Gain (Loss) on Sale of Investments	591.5	591.5	532.76	219.97	103.65	34.9
Gain (Loss) on Sale of Assets	0.25	0.25	5.87	0.77	-1.04	9.49
Asset Writedown	-	-	-	-	-	-4.36
Pretax Income	2,451	2,340	1,999	1,812	1,521	1,120
Income Tax Expense	670.58	627.66	476.18	444.92	385.54	293.22
Earnings From Continuing Operations	1,781	1,712	1,522	1,367	1,135	826.83
Net Income to Company	1,781	1,712	1,522	1,367	1,135	826.83
Minority Interest in Earnings	-11.43	-11.95	-11.47	-14.89	-12.42	-10.23
Net Income	1,769	1,700	1,511	1,352	1,123	816.6
Net Income to Common	1,769	1,700	1,511	1,352	1,123	816.6
Net Income Growth	20.93%	12.52%	11.73%	20.43%	37.51%	-15.09%
Shares Outstanding (Basic)	10	10	10	10	10	10
Shares Outstanding (Diluted)	10	10	10	10	10	10
Shares Change (YoY)	0.09%	0.08%	0.05%	-	-	-
EPS (Basic)	183.92	176.73	157.07	140.59	116.74	84.89
EPS (Diluted)	183.64	176.50	156.99	140.59	116.74	84.89
EPS Growth	20.82%	12.43%	11.67%	20.43%	37.51%	-15.09%
Free Cash Flow	-	1,325	1,001	901.7	914.4	728.71
Free Cash Flow Per Share	-	137.54	104.02	93.74	95.06	75.75
Dividend Per Share	-	60.000	40.000	40.000	28.000	27.000
Dividend Growth	-	50.00%	-	42.86%	3.70%	-
Gross Margin	46.61%	46.53%	44.66%	44.84%	44.03%	39.24%
Operating Margin	32.66%	32.45%	31.31%	33.11%	32.99%	24.06%
Profit Margin	34.85%	34.14%	33.87%	33.54%	32.76%	27.12%
Free Cash Flow Margin	-	26.60%	22.44%	22.36%	26.67%	24.20%
EBITDA	1,726	1,684	1,463	1,386	1,167	767.56
EBITDA Margin	33.99%	33.80%	32.79%	34.36%	34.03%	25.50%
D&A For EBITDA	67.5	67.23	66.14	50.49	35.68	43.22
EBIT	1,658	1,616	1,397	1,335	1,131	724.34
EBIT Margin	32.66%	32.45%	31.31%	33.11%	32.99%	24.06%
Effective Tax Rate	27.36%	26.83%	23.83%	24.55%	25.35%	26.18%
Revenue as Reported	5,916	5,754	5,211	4,528	3,837	3,439
Advertising Expenses	-	1.8	2.63	2.96	2.28	1.85

Source: S&P Global Market Intelligence. Standard template. Financial Sources.