CRISIL, a provider of ratings and research services, witnessed a rise in share price on Wednesday after the company disclosed a good increase in consolidated net profit for the quarter ended December 2015. During the quarter, the profit of the company rose 22.97% to Rs 870.50 million from Rs 707.90 million in the same quarter previous year.
Revenues for the quarter rose 17.77% to Rs 3,850.50 million, compared with Rs 3,269 million for the prior year period.
Operating margin for the quarter stood at 28.14 percent as compared to 28.61 percent for the previous year period. Operating Income for the quarter was Rs 1,083.50 million, compared with Rs 935.4 million in the previous year period.
Shares of CRISIL are trading at Rs 1,840, up Rs 17.55, or 0.96% at the Bombay Stock Exchange (BSE) on Wednesday at 9:21 a.m.
Total volume of shares traded on the bourses today was lower by 56.36% to 4,231 compared with 22-day average volume of 9,696.