Unaudited financial results

ICRA ICRA Limited July 30, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, Dalal Street Plot no. C/1, G Block Mumbai 400 001, India Bandra-Kurla Complex Scrip Code: 532835 Bandra (East) Mumbai -400 051, India Symbol: ICRA Dear Sir/Madam, Sub:- Outcome of the Board Meeting dated July 30, 2026; commenced at 11: 45a m 1ST and concluded at 1:30 pm Pursuant to Regulations 30, 33 and any other applicable regulations of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("Listing Regulations"), please find enclosed the Unaudited Financial Results (Standalone & Consolidated) of ICRA Limited (the "Company") for the first quarter ended June 30, 2026, reviewed by the Audit Committee, and approved by the Board of Directors of the Company in its meeting held today. Please also find enclosed Limited Review Reports submitted by Mis. Deloitte Haskins & Sells, Chartered Accountants, (Firm Registration No. 117365W), the Statutory Auditors of the Company. The above information shall also be made available on the Company's website htt ,s://www.icra.in/ Kindly take the above on record. Regards, Sincerely, (S. Shakeb Rahman) Company Secretary & Compliance Officer Encl.: As Above Building No. 8, 2nd Floor, Tower A Tel. : +91.124.4545300 Website : www.icra.in DLF Cyber City, Phase II CIN : L74999DL 1991 PLC042749 Email : info@icraindia.com Gurugram -122002, Haryana Helpdesk: +91.9354738909 Registered Office : B -710, Statesman House, 148, Barakhamba Road, New Delhi -110001. Tel. : +91.11.23357940-41 RATING • RESEARCH • INFORMATION 153002 Deloitte Chartered Accountants 19th Floor, Shapath-V Haskins & Sells S G Highway Ahmedabad - 380 015 Gujarat, India Tel: +91 79 6682 7300 Fax: +91 79 6682 7400 INDEPENDENT AUDITOR'S REVIEW REPORT ON REVIEW OF INTERIM CONSOLIDATED FINANCIAL RESULTS TO THE BOARD OF DIRECTORS OF ICRA LIMITED 1. We have reviewed the accompanying Statement of Consolidated Unaudited Financial Results of ICRA LIMITED (the "Parent") and its subsidiaries (the Parent and its subsidiaries together referred to as the "Group") for the quarter ended June 30, 2026 (the "Statement") being submitted by the Parent pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "Listing Regulations"). 2. This Statement, which is the responsibility of the Parent's Management and approved by the Parent's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements ("SRE") 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the Entity", issued by the Institute of Chartered Accountants of India (''ICAI"). A review of interim financial information consists of making inquiries, primarily of Parent's personnel responsible for financial and accounting matters and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing specified under Section 143(10) of the Companies Act, 2013 and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. 4. The Statement includes the results of the following entities: Sr. No. Name of the Entity Parent Company 1 ICRA Limited Subsidiaries/ Step Down Subsidiaries 1 ICRA Analytics Limited 2 ICRA ESG Ratinqs Limited 3 D2K Technoloqies India Private Limited 4 ICRA Employees Welfare Trust 5 ICRA Nepal Limited 6 ICRA Lanka Limited 7 Fintellix India Private Limited 8 Fintellix South Africa Proprietary Ltd 9 Fintellix US LLC Page 1 of 2 Deloitte Haski&n Sse lls 5.Baseodn o urr eviceown ducatneddp rocedupreersf oramses dt atiendp aragr3aph aboven,o thihnags c omet oo ura ttenttihoanct a useuss t ob elietvhea tth e accompanySitnagt emepnrte,p ariend a ccordawnicteht her ecogniatnidon measurempernitn cliapilddeos wi nn t haef oreIsnadiidAa cnc ounSttianngd aanrdod t her accounptriinngc iples generianIl nldyi haaa,snc octed pitsecedld ot shei nformation requitrobe edd isclionst eedr mosfR egula3t3io oftn h eS EB(IL istOibnlgi gaatnidons DiscloRseuqruei remReengtusl)a t2i0o1n5sa,,s a mendeidn,c ludtihnemg a nneirn whicihti st ob ed iscloosrte hdai,tct o ntaainnyms a termiiasls tatement. 6.Thec onsoliduantaeudd iftienda nrceisaull itnsc lutdheesf inanrceisaull otf6s subsidiwahriichehas vn eo bte erne viebwyeu dso rt heaiurd itwohross,fe i nanrceisaull ts reflteocttra elv enoufRe s .268l.a9k6fh ostr h qeu aretnedre Jdu n3e0 2,0 26t,o tparlo fit aftetra x( neto)f R s.38.l1a3k hfso rt heq uarteenrd eJdu ne3 0,2 026t,o tal compreheinnsciov(mene eotf)R s.50l.a9k8fh ost rh qeu arteendre Jdu n3e0 2,0 2a6s considienrt ehSdet atemAecncto.r dtiotn hgie n formaatnideo xnp lanagtiivoetnnous s byt heM anagemetnhte,sf ei nanrceisaulal rtneso mta tertiota hlGe r oup. Ourc oncluosnti hoSent atemiesnn otmt o difiinre eds poefco tur re liaonntc hefe i nancial resuolftt hs aef oressuabisdi dicaerriteibsfy ti heMeda nagement. FoDre loiHtatsek i&n Sse lls CharteArcecdo untants (Firm's ReNgoi.1s 1t7r3a6t5iWo)n JayePsahr mar Partner (MemberNsoh.1i 0p6 388) UDIN2:6 106388DQAIDZ7306 PlacMeu:m bai DateJ:u l3y0 2,0 26 Pag2eo f2 ICRA ICRA Limited Corporate Identity Number (CIN): L 74999DL1991PLC042749 Registered Office: B-710, Statesman House, 148, Barakhamba Road, New Delbi-110001 Telephone No.:+91-ll-23357940 Website: www.icra.in, Email ID: investors@icraindia.com STATEMENT OF CONSOLIDATED UNAUDITED FINANCIAL RESULTS FOR THE OUARTER ENDED JUNE 30 2026 rt in lakhs exceot share data nu share data and where otherwise stated I Quarter ended Quarter ended Quarter ended Year ended 30.Jun-2026 31-Mar-2026 30.Jun-2025 31-Mar-2026 S.No. Particulars Unaudited Unaudited Unaudited Audited fRefer Note 3) (Refer Note 71 I Revenue from operations 16,336.60 17,485.16 12,448.87 59,951.01 II Other income (Refer Note 5) 2,762.72 1,418.17 2,436.19 7,502.17 m Total income (l+11) 19,099.32 18 903.33 14,885.06 67,453.18 Expenses IV Employee benefit expenses 8,726.10 8,427.18 6,971.46 31,0ll.53 V Finance costs 44.63 93.81 164.72 442.63 VI Depreciation and amortisation expense 1,054.48 1,000.36 409.21 2,826.00 VII Other expenses 2,101.23 2,102.19 1,502.86 7,436.66 vm Total expenses (IV to VII) 11,926.44 11,623.54 9,048.25 41,716.82 IX Profit before exceptional items and tax (ill-VID) 7,172.88 7,279.79 5,836.81 25,736.36 X Exceptional items One time impact of New Labour Codes 691.83 Gain on sale of property, plant and equipment (438.66) - - - XI Profit before tax (IX-X) 7,611.54 7,279.79 5,836.81 25,044.53 Tax expense: Current tax 1,678.02 1,826.81 1,219.37 6,416.75 Deferred tax 287.64 183.90 341.62 374.56 XII Total tax expense 1,965.66 2,010.71 1,560.99 6,791.31 xm Profit after tax (XI-XII) 5,645.88 5,269.08 4,275.82 18,253.22 Other comprehensive income A (i) Items that will not be reclassified to profit or loss (12.15) 24.04 (50.32) (40.19) (ii) Income tax relating to items that will not be reclassified to profit or loss (0.69) (6.95) 12.79 9.35 B (i) Items that will be reclassified to profit or loss 12.85 5.78 (0.59) 22.73 (ii) Income tax relating to items that will be reclassified to profit or loss - - - - XIV Total other comprehensive income/ (loss), net of income tax (A+B) 0.01 22.87 138.121 /8.lll xv Total comprehensive [Showing first 8,000 characters — download PDF for full document]