Crisil Limited announced robust financial results for the fourth quarter and the full year ending December 31, 2025. Consolidated income from operations grew 11.9% for the year and 18.5% for the quarter. Profit Before Tax (PBT) saw an annual increase of 12.4%. The Board recommended a final dividend of Rs 28 per share, leading to a total dividend of Rs 61 per share for FY 2025.
Consolidated Financial Highlights (FY 2025)
Crisil reported strong consolidated performance for the financial year ended December 31, 2025. Consolidated income from operations reached Rs 3,649.0 crore, marking an 11.9% year-on-year growth compared to Rs 3,259.8 crore in FY 2024. Consolidated Profit Before Tax (PBT) rose by 12.4% to Rs 1,041.0 crore.
The fourth quarter (Q4 2025) results were equally impressive, with consolidated income from operations increasing 18.5% to Rs 1,081.6 crore. PBT for the quarter was up 10.9% at Rs 326.5 crore.
Dividend Recommendation
The Board of Directors recommended a final dividend of Rs 28 per equity share (face value Re 1). Including the three interim dividends paid earlier, the total dividend for the year 2025 amounts to Rs 61 per share, up from Rs 56 per share in the previous year.
Segmental Performance Overview
Ratings Services Segment
The credit ratings business maintained steady growth, supported by stable corporate bond issuances. Revenue in this segment grew 15.7% for FY 2025 and 14.3% year-on-year in Q4 2025. Overall segment revenue growth for the year stood at 18.4%.
Research, Analytics & Solutions Segment
This segment demonstrated resilience, with revenue growing 9.4% for the full year and 20.1% in Q4 2025. Growth was driven by traction in buy-side risk solutions and momentum in Corporate and Investment Banking (CIB) following the acquisition of PriceMetrix Co.
Management Commentary and Outlook
Amish Mehta, Managing Director & CEO, highlighted “strong revenue and EBITA growth”, driven by consistent delivery and operational resilience. He affirmed commitment to continuous investment in creating new products, including domain-led GenAI solutions.
Looking ahead, Crisil anticipates India’s GDP to grow 6.7% in the next fiscal year (April 1, 2026, to March 31, 2027), reinforcing its status as the fastest-growing large economy.
Noteworthy Operational Achievements
The company received 26 independent recognitions in FY 2025. Crisil was certified as a Great Place To Work® for the sixth consecutive year and named among the Top 100 large organizations as the Best Workplaces™ for Women.
Furthermore, the results reflect an incremental impact of Rs 16.8 crore related to the New Labour Codes recognized in both the fourth quarter and the full year.
Source: BSE
