Financial Services company CARE Ratings announced Q3FY25 results Revenue: Rs 78.59 core, change YoY 18%. EBITDA: Rs 30.30 core, change YoY 12%. EBITDA Margins : 39% for Q3FY25. PAT: Rs 29.46 core, change YoY 33%. PAT Margins: 33% for Q3FY25. Mehul Pandya, Managing Director & Group CEO of CareEdge, said: "We are pleased to report that the company has demonstrated strong performance in both the ratings and non-ratings businesses, especially when seen against the backdrop of moderation in FY25 GDP growth projections. This performance underpins our unwavering commitment to qualityled growth. Our ratings business has continued to gain traction, particularly in the initial ratings of capital market instruments, securitisation, and bank debt. Our subsidiaries have also done well. Within the first quarter of operations, CareEdge Global Ratings assigned global scale ratings to debt issuance of ~ $2 billion across corporates and FIs. Similarly, CareEdge ESG Ratings assigned 2 ESG ratings. We aim to consistently add value for informed decision making by stakeholders through our offerings. While we are encouraged by our robust Q3FY25 performance, we re-emphasize that our financial performance should be evaluated on an annual basis rather than quarter-on-quarter or sequential quarter basis. Over the past nine months, we have seen consistently strong performance in both our ratings as well as non-ratings segments, with the contribution of non-ratings segment depicting a steady increase. We remain confident in our ability to sustain the momentum with good growth in operating revenue and profitability as evidenced by the results over the last several quarters." Result PDF