CRISIL strong Q1 numbers

CRISIL spurted 8.31% to Rs 3523 at 15:30 IST on BSE after posting 74% surge in consolidated net profit to Rs 31.48 crore in Q1 March 2008 over Q1 March 2007.

The stock hit a high of Rs 3547 and a low of Rs 3262.65 so far during the day. The stock had a 52-week high of Rs 4275 on 23 July 2007 and a 52-week low of Rs 2651 on 22 January 2008.

The company’s current equity is Rs 7.23 crore. Face value per share is Rs 10.

The current price of Rs 3523 discounts its Q4 December 2007 EPS of Rs 152.14, by a PE multiple of 23.16.

CRISIL’s net sales rose 30.68% to Rs 116.74 in Q1 March 2008 over Q1 March 2007, on consolidated basis.

In February 2008, CRISIL said it plans to set up a credit information company in India by joining hands with Equifax Inc., USA, and Tata Capital.

India's largest rating agency by revenue, CRISIL provides rating, advisory and research & information services.