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23-May2018

CARE Ratings reports 10% rise in Q4 net profit

CARE Ratings has reported results for fourth quarter and year ended March 31, 2018.

The company has reported a rise of 9.97% in its net profit at Rs 39.92 crore for the quarter ended March 31, 2018 as compared to Rs 36.30 crore for the same quarter in the previous year. Total income of the company increased by 23.18% at Rs 102.31 crore for quarter under review as compared to Rs 83.06 crore for the quarter ended March 31, 2017.

For the year ended March 31, 2018, the company has posted a rise of 5.77% in its net profit at Rs 161.03 crore as compared to Rs 152.25 crore for the previous year. Total income of company increased by 10.27% at Rs 346.88 crore for year under review as compared to Rs 314.56 crore for the year ended March 31, 2017.


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