For the second quarter of the calendar year 2007, the net profit of Crisil group has ended almost flat at Rs 16.11 crore from Rs 16.01 crore in the same period a year ago despite the group?s total income rise of 42% to Rs 96.91 in Q2 of 2007 crore as against Rs 68.10 crore a year ago.
However, for the first half of 2007 the net profit of the group on consolidated basis increased by 35.88% to Rs 34.20 crore from Rs 25.17 crore in H1 of 2006 while the total income during the same period jumped by 50% to Rs 187.64 crore from Rs 125.08 crore a year ago. The consolidated accounts of the Crisil group include accounts of Crisil Limited and its subsidiaries Crisil Research and Information Services Ltd, Crisil Risk and Infrastructure Solutions Ltd, Global Data Services of India Ltd, Crisil Properties Ltd, Gas Strategies Group Ltd (UK) and its subsidiaries, Irevna Research Services Ltd, Irevna Ltd (UK) and its subsidiary, and proportionate share in income and expenses of joint venture India Index Services & Products Ltd.
For the quarter ended June 30, 2007, the credit rating agency on standalone basis registered a rise of 40% in its net profit Rs 11.33 crore as against Rs 8.07 crore in the same quarter a year ago. Whereas for the first half of 2007, its net profit increased by 17.44% to Rs 18.79 crore from Rs 16 crore in H1 of 2006.