Aug 03, 2012, 04.50 PM IST

ICRA Q1 net up 135% to Rs 8.5 cr, stock gains 8%

Rating agency ICRA's consolidated net profit shot up by 135.3% year-on-year to Rs 8.47 crore in the quarter ended June 2012.

Source: Moneycontrol.com

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Rating agency ICRA 's consolidated net profit shot up by 135.3% year-on-year to Rs 8.47 crore in the quarter ended June 2012.

Consolidated net sales rose by 31.8% to Rs 51 crore from Rs 38.7 crore during the same period.

The share rallied as much as 7.6% intraday on Friday, before closing with gains of 3% at Rs 1,223.95.

Even its trading volumes surged quite sharply to 12,565 equity shares as compared to its 5-day average of 463 shares.

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ICRA board to consider subdivision of equity shares Apr 26, 13:15
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