ICRA Limited reported robust financial results for Q4 FY2026.
Revenue increased by 28.4% year-on-year to INR 1.75 billion.
Growth was driven mainly by the Research and Analytics segment, especially the acquisition of Fintellix.
The ratings business also saw 10.6% growth.
However, the stock fell 0.71% after earnings, closing at INR 5,381, reflecting a cautious market amid economic uncertainties.
CEO Ramnath Krishnan noted continued growth expected in FY2027, but geopolitical tensions and rising energy prices pose risks.
