Crisil Q4 Net inches down to Rs 70.79 crore

Country's leading credit rating agency Crisil today reported a marginal decline in its consolidated net profit at Rs 70.79 crore for the quarter to December against Rs 70.92 crore in the same period last fiscal.

Mumbai: Country's leading credit rating agency Crisil today reported a marginal decline in its consolidated net profit at Rs 70.79 crore for the quarter to December against Rs 70.92 crore in the same period last fiscal.

Total income increased to Rs 331.97 crore during fourth quarter from Rs 308.49 crore from the corresponding period last year, the company said in a statement.

The Standard & Poor's owned company follows the calendar year for reporting its quarterly earnings.

The Mumbai-based company did not attribute any reason for the marginal dip in the bottomline numbers.

For the full year, the company registered a growth of 13 per cent in its consolidated income from operations from Rs 1,112.34 crore to Rs 1,254.82 crore, while its net profit rose 6 per cent to Rs 268.44 crore over the previous fiscal.

During the year, the company paid three interim dividends amounting to Rs 10 per equity share which has a face value of Re 1 and the company has recommended a final dividend of Rs 6 per share and a special dividend of Rs 4 per share.

Total dividend for the year works out to Rs 20 per share, against Rs 19 in 2013.

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