Crisil Announces Interim Dividend: Check Amount, Payment Date, and More
Crisil Ltd., a leading global analytics firm, has announced its financial results for the April-to-June quarter of the current financial year, along with an interim dividend of Rs 9 per share for CY25.
In a filing to the stock exchanges on July 22, Crisil informed that the Board of Directors has approved the payment of a second Interim dividend of Rs 9 per equity share for the financial year ending December 31, 2025, which will be paid on August 8.
The company is yet to announce the record date for determining the eligibility of shareholders to receive the dividend.
About Crisil’s Q2 Earnings
Crisil reported a 14.3% year-on-year (YoY) rise in its consolidated net profit to Rs 171.57 crore in Q2CY25 from Rs 150.11 crore in Q2CY24. Total income increased 6.3% YoY to Rs 866.55 crore in Q2CY25 from Rs 815.44 crore in the same quarter of the preceding financial year. Total expenditure grew 5.6% to Rs 641.58 crore in Q2CY25 from Rs 607.48 crore in Q2CY24.
Revenue from operations climbed 5.7% YoY to Rs 843.02 crore in Q2CY25 from Rs 797.35 crore in Q2CY24. Profit before tax increased 8.2% YoY to Rs 224.97 crore in Q2CY25 from Rs 207.96 crore in Q2CY24.
Impact on Crisil’s Stock Price
Shares of Crisil were trading 0.47% higher at Rs 5,812 apiece on the NSE at 10:44 a.m., compared to a 0.20% rise in the benchmark Nifty50.
In this blog post, we’ll delve deeper into Crisil’s Q2 earnings, the interim dividend announcement, and what it means for investors. We’ll also explore the company’s financial performance, dividend payment schedule, and key takeaways for Indian investors.
Key Takeaways for Investors
1. Crisil has reported strong Q2 earnings, with a 14.3% YoY rise in net profit.
2. The company has declared an interim dividend of Rs 9 per share for CY25, which will be paid on August 8.
3. Crisil’s revenue from operations has climbed 5.7% YoY to Rs 843.02 crore in Q2CY25.
4. The company’s profit before tax has increased 8.2% YoY to Rs 224.97 crore in Q2CY25.
5. Shares of Crisil are trading higher, driven by its strong Q2 earnings and interim dividend announcement.
Conclusion
In conclusion, Crisil’s Q2 earnings and interim dividend announcement have sent a positive signal to investors. The company’s financial performance has been strong, with a rise in net profit, revenue, and profit before tax. The interim dividend payment will provide a welcome boost to investors, making it an attractive stock to consider for Indian investors.