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CARE Ratings is a leading credit rating agency of India. The Company provides various credit ratings that helps corporates to raise capital for their various requirements and assists the investors to form an informed investment decision based on the credit risk and their own riskreturn expectations.(Source : 202003-01 Annual Report Page No:134)
CARE Ratings reported Q1 consolidated operating income of Rs 111.68 Cr (up 18.9% YoY) and PAT of Rs 32.99 Cr (up 24.6% YoY). Growth was driven by a healthy uptick in ratings business and continued momentum in non-ratings segments.
CareEdge announced strong Q1 FY27 consolidated results: Operating Income grew 18.9% YoY to Rs 111.68 Cr, and PAT increased 24.6% YoY to Rs 32.99 Cr. Robust growth was driven by both ratings and non-ratings businesses, despite mixed fundraising activity in the broader economy.
CARE Ratings delivered strong FY26 consolidated results: Revenue grew 18% to Rs. 473.07 Cr, while PAT increased 24% to Rs. 173.69 Cr. Non-ratings segment also grew 19%. The company launched PaRRVA and deepened AI integration. A final dividend of Rs. 14/share is proposed.
CARE Ratings and NSE commercially launched PaRRVA, a new platform for investment performance verification. This initiative enhances transparency and standardisation for Investment Advisors, Research Analysts, and Trading Members, boosting investor trust by validating risk-return metrics.
CARE Ratings successfully completed its pilot-phase as a Past Risk and Return Verification Agency (PaRRVA). The company is now authorized to commence providing these services, marking a new operational development and expanded service offering.