CRISIL (CRISIL) Q3 2026 earnings summary

Executive summary

• Consolidated revenue from operations was ₹1,095.16 crore in Q3 and ₹3,228.21 crore in 9M 2026; 9M profit before tax was ₹864.27 crore and net profit ₹664.26 crore.

• Ratings Services and Research, Analytics & Solutions both grew 9M revenue; Q3 Research, Analytics & Solutions profit declined, partly reflecting a higher FX gain in the prior-year quarter.

• The Board approved a third interim dividend of ₹17 per share, payable by November 17, 2026.

Financial highlights

• Consolidated revenue from operations was ₹1,095.16 crore in Q3 vs ₹911.24 crore, and ₹3,228.21 crore in 9M vs ₹2,567.44 crore.

• Consolidated profit before tax was ₹276.05 crore in Q3 vs ₹262.27 crore, and ₹864.27 crore in 9M vs ₹714.51 crore.

• Consolidated net profit was ₹204.54 crore in Q3 and ₹664.26 crore in 9M vs ₹524.51 crore.

• Consolidated EPS was ₹27.97 in Q3 vs ₹26.41 and ₹89.47 in 9M vs ₹71.72.

Segment performance

• Ratings Services 9M revenue rose 23.6% to ₹973.4 crore and segment profit increased 26.9% to ₹453.3 crore; margin was 46.6% vs 45.3%.

• Ratings Services Q3 revenue grew 28.9% to ₹345.63 crore and segment profit rose 28.6% to ₹155.19 crore; margin was 44.9% vs 45.0%.

• Research, Analytics & Solutions 9M revenue increased 26.7% to ₹2,256.4 crore and segment profit rose 26.2% to ₹453.38 crore; margin was 20.1% vs 20.2%.

• Research, Analytics & Solutions Q3 revenue grew 16.5% to ₹749.89 crore, while segment profit fell 8.3% to ₹129.32 crore; margin was 17.2% vs 21.9%.

• Coalition Greenwich saw Corporate and Investment Banking demand; Q3 revenue growth moderated after accelerated H1 renewal conversions, while Integral IQ added new logos and Intelligence maintained traction.