How has been the historical performance of CARE Ratings?

Answer:The historical performance of CARE Ratings shows a consistent growth trend in net sales and profitability over the years, with significant increases noted in the latest fiscal year ending March 2025. Breakdown: CARE Ratings has demonstrated a steady increase in net sales, rising from 243.64 crore in March 2020 to 402.32 crore in March 2025. The total operating income has followed a similar upward trajectory, reaching 402.32 crore in March 2025, compared to 331.68 crore in March 2024 and 278.99 crore in March 2023. Operating profit, excluding other income, also improved significantly, climbing to 155.34 crore in March 2025 from 112.13 crore in March 2024. Profit before tax increased to 192.27 crore in March 2025, up from 146.63 crore in the previous year, while profit after tax reached 140.00 crore, reflecting a robust growth from 102.56 crore in March 2024. The company's net profit stood at 137.24 crore in March 2025, up from 100.52 crore in March 2024. Additionally, the total assets of CARE Ratings increased to 957.73 crore in March 2025, compared to 841.76 crore in March 2024, indicating a solid asset base. The company maintained a zero-debt status throughout this period, showcasing financial stability. Overall, CARE Ratings has shown a positive trend in revenue and profitability, positioning itself strongly in the market.