Crisil shares hit 52-week high as net profits rises by 38.5%

NEW DELHI: Shares of Crisil rose 0.4 per cent in early trade to hit their 52-week high of Rs 1188 in morning trade on Monday, after the rating agency reported a 38.5 per cent rise in consolidated net profit to Rs 60.52 crore for the April-June quarter.

At 09:45 a.m.; Crisil was trading 0.15 per cent higher at Rs 1184. It hit a low of Rs 1183.10 and a 52-week high of Rs 1188 in trade today.

Its second quarter income from operations rose 22.8 per cent to Rs 265.84 crore, against Rs 216.55 crore reported in the year-ago period.

The rating agency, which follows January-December financial year cycle, reported a 9.3 per cent rise in net profit in the first six months of the fiscal to Rs 110 crore, against Rs 100.68 crore reported a year earlier.