Other Financial Services company ICRA announced Q4FY23 & FY23 results: Q4FY23: Consolidated revenue from operations increased by 16.4% to Rs 109.1 crore for Q4FY23, from Rs 93.7 crore in Q4FY22 Profit after tax increased by 14.5% to Rs 38.6 crore from Rs 33.7 crore for Q4FY22 FY23: Consolidated revenue from operations increased by 17.6% to Rs 403.2 crore for FY23 from Rs 342.8 crore in FY22 Profit after tax increased by 20.4% to Rs 136. 7 crore for FY23 from Rs 113.5 crore in FY22 The Board of Directors recommended a dividend of Rs 40 per equity share of the face value of Rs 10 each. In addition, the Board recommended a special dividend of Rs 90 per equity share. The total dividend recommended for FY23 is Rs 130 per equity share for FY23, compared with Rs 28 per equity share for FY22. The overall dividend pay-out for FY23, including the special dividend, is Rs 125.5 crore, compared to Rs 27.0 crore in FY22. Commenting on the results, Ramnath Krishnan, MD & Group CEO, ICRA, said: "The year 2023 at ICRA was all about setting new paradigms and unlocking value across businesses. The numbers reflect our commitment to building a diversified, technology-led, credible organisation. The overall growth in bond issuances, bank credit, and the securitisation market had a positive bearing on ICRA Ratings, whereas increased demand for research and analytical services continued to drive growth in ICRA Analytics. ICRA has continued to invest in its people and technology to drive profitable growth." Result PDF