CRISIL Q1 PAT jumps 46% to Rs 233 cr (2026)

Stock reaction: CRISIL rises over 4%

CRISIL shares gained 4.11% to Rs 4,283.85 after the company reported a sharp year-on-year rise in quarterly profit. The move followed the release of consolidated numbers for the March 2026 quarter that showed faster growth in profit than revenue. The market reaction was tied to the headline jump in profit after tax and a strong showing in the company’s analytics-led business lines. The update also brought segment-level revenue disclosures that showed broad-based growth. Separately, the broader dataset included multiple quarterly snapshots for different reporting periods, which investors typically track for consistency across cycles.

March 2026 quarter: headline numbers

For the quarter ended March 2026, CRISIL reported a consolidated net profit of Rs 233.26 crore, up 45.93% year-on-year. Revenue from operations rose 30.06% to Rs 1,057.66 crore over the corresponding quarter a year ago. Profit before tax (PBT) increased 35.69% year-on-year to Rs 308.38 crore, compared with Rs 227.27 crore in the corresponding quarter of the previous year. The growth rates indicate that profitability expanded faster than topline growth in this period.

Segment performance: Ratings vs Research, Analytics and Solutions

The March 2026 quarter disclosure also provided segment revenue. Revenue from rating services increased 20.2% year-on-year to Rs 322.63 crore. Revenue from research analytics and solutions jumped 34.9% year-on-year to Rs 735.63 crore. The segment split shows that the larger contribution came from research analytics and solutions, and it also grew faster than the ratings business during the period.

Profitability indicators: PBT and what it signals

PBT growth of 35.69% to Rs 308.38 crore, alongside PAT growth of 45.93% to Rs 233.26 crore, was a key feature of the March 2026 quarter update. The difference between PBT and PAT growth reflects the combined effect of taxes and other below-the-line items, but the article data only provides the reported outcomes rather than drivers. Investors often read such a spread as an indicator of operating strength and cost control, but the provided text does not detail margins or expense lines for this specific quarter.

Key figures at a glance

Quarterly trend table: net sales and EBT (converted to Rs crore)

A separate quarterly results table in the supplied text reports net sales and earnings before tax (EBT) in million rupees. Converted to Rs crore (10 million INR = Rs 1 crore), the numbers are as follows.

FY25 snapshot: revenue, profit and EPS

The article text also includes full-year consolidated numbers for FY25. Consolidated revenue from operations for FY25 was Rs 3,649.01 crore, up 11.9% year-on-year. Net profit for FY25 stood at Rs 766.01 crore, up 12% from Rs 684.07 crore in FY24. Profit before tax increased 12.4% to Rs 1,041 crore in FY25. Basic and diluted EPS for FY25 were Rs 104.75, up from Rs 93.55 in FY24.

Q4 FY25 reference: growth compared with a year ago

For Q4 FY25, consolidated revenue was Rs 1,081.57 crore, up 18.5% year-on-year, while PAT was Rs 241.50 crore, up 7.5% year-on-year. These figures, when read alongside the March 2026 quarter disclosure, provide another point for investors to compare quarterly performance, although the provided text does not reconcile whether these periods follow the same fiscal labeling convention.

Another Q1 FY26 dataset: Jun quarter income and profit

The supplied material also contains a separate set of Q1 FY26 figures described as the quarter-ended June (Q1FY26). In that dataset, total income is stated at Rs 866.55 crore, compared with Rs 758.77 crore in Q4FY25 and Rs 815.44 crore in Q1FY25. Profit before tax is reported at Rs 224.97 crore, while profit after tax is reported at Rs 171.57 crore, with EPS of 23.50. Total expenses for the quarter are stated at Rs 641.58 crore. Since the text provides multiple quarterly snapshots, readers should note the period reference attached to each set of numbers.

Market impact: what investors are likely to track next

The immediate market impact described was the 4.11% rise in CRISIL’s share price after the March 2026 quarter profit release. Beyond the one-day move, the data highlights faster growth in research analytics and solutions revenue than ratings services revenue in that quarter. The FY25 numbers indicate double-digit growth in revenue and profit, alongside higher EPS year-on-year. The supplied material also references market commentary that CRISIL enjoys leadership in India’s rating market and competes with global firms in research and analytics, but it does not provide fresh operational guidance for the March 2026 quarter beyond revenue splits.

Conclusion

CRISIL’s reported March 2026 quarter performance showed a 45.93% jump in consolidated PAT to Rs 233.26 crore and a 30.06% rise in revenue from operations to Rs 1,057.66 crore, prompting a sharp stock reaction. Segment data showed stronger growth in research analytics and solutions than in ratings services. The broader dataset also includes FY25 results and a separate Q1FY26 (June quarter) snapshot, offering investors multiple reference points for tracking quarterly consistency as new disclosures emerge.