CRISIL Crisil Q4 net rises 13 pc to Rs 98 cr

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New Delhi | Published: February 12, 2017 1:16:30 AM

It had posted a net profit of Rs 87.05 crore in the October-December quarter of last fiscal. Consolidated total income during the quarter was up 10.9 per cent at Rs 443 crore, Crisil said in a statement.

The agency said over 1.5 million people are entering the job market every month and the rapid adoption of automation which reduces the dependency on labour is only aggravating the situation.The agency said over 1.5 million people are entering the job market every month and the rapid adoption of automation which reduces the dependency on labour is only aggravating the situation.

Ratings agency Crisil today reported a 12.7 per cent growth in net profit at Rs 98.1 crore for the fourth quarter ended December 2016. It had posted a net profit of Rs 87.05 crore in the October-December quarter of last fiscal. Consolidated total income during the quarter was up 10.9 per cent at Rs 443 crore, Crisil said in a statement. For the full fiscal ended December 31, 2016, Crisil reported a 14.4 per cent growth in consolidated profit after tax at Rs 326.3 crore. The board has also approved a final dividend of Rs 9 per equity share for the fiscal ended December 2016.
The company follows the January-December fiscal.

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