Outcome of the Board meeting held on May 21, 2026
ICRA · price
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ICRA Limited reported consolidated revenue from operations of Rs 59,951.01 lakhs for FY2026, up 20.4% from Rs 49,802.12 lakhs in the previous year. Consolidated profit after tax stood at Rs 18,253.22 lakhs, representing 6.6% growth over the prior year's Rs 17,120.42 lakhs. The Board recommended a final dividend of Rs 105 per equity share (including a special dividend of Rs 35 per share for the company's 35th anniversary), compared to Rs 60 per share last year. An exceptional item of Rs 691.83 lakhs was recorded due to one-time impact of new Labour Codes. The company completed acquisition of Fintellix India Private Limited in October 2025 for Rs 249.06 crore. Statutory auditors Deloitte Haskins & Sells issued an unmodified opinion on both standalone and consolidated financial results.
Strong revenue growth of over 20% and a 33% increase in dividend per share are positive signals for shareholders. The PAT growth of 6.6% is modest but solid, driven by acquisition contributions. The clean audit opinion with no going concern issues is reassuring.