Financial Services company CARE Ratings announced Q1FY25 results: Revenue from operations: Rs 78.9 crore, up by 19% YoY EBITDA: Rs 21.8 crore, up by 22% YoY PAT: Rs 21.4 crore, up by 16% YoY Commenting on the results for Q1 FY25, Mehul Pandya, Managing Director & Group CEO of CareEdge, said: "We reiterate that our financial performance should be assessed on an annual basis rather than QoQ. Nevertheless, our Company on a Standalone basis recorded a healthy YoY growth of 16% in revenue from operations for Q1 FY25. The Consolidated revenue from operations also recorded a Yoy growth of 19% for Q1 FY25. The Standalone growth in revenue from operations is attributed to strong Bank loan initial ratings business supported well by securitization. The contribution of Non-Ratings business to consolidated revenue from operation stands at stable 10% over a decent growth in Ratings business." Result PDF