Financial Daily
from THE HINDU group of publications
Thursday, July 26, 2001
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Financial Daily from THE HINDU group of publications Thursday, July 26, 2001 |
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Crisil net rises
Credit Rating Information Services of India Ltd (Crisil) has reported a net profit of Rs 2.42 crore for the quarter ended June 30, 2001. For the quarter ended June 30, 2000, the rating agency had posted a net of Rs 2.2 crore.
Income from operations, including other income, stood at Rs 12.78 crore (Rs 10.36 crore). Total expenditure was Rs 7.21 crore (Rs 5.66 crore).
The company has provided Rs 1.75 crore (Rs 1.4 crore) for depreciation and Rs 1.4 crore (Rs 1.1 crore) for taxes.
According to the company, during the quarter it rated, for the first time, a single entity-backed collateralised loan obligation and a 14-year mortgage-backed securitisation issue.
It said it is also currently working on international assignments with Standard and Poor's. -- Our Bureau
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