5348042026-01-012026-03-315348042026-03-315348042025-03-315348042025-04-012026-03-315348042026-01-012026-03-31in-capmkt:OtherExpenses1Member5348042025-04-012026-03-31in-capmkt:OtherExpenses1Member5348042026-03-31OtherNoncurrentFinancialAssetsDomain15348042026-03-31OtherNoncurrentAssetsDomain15348042026-03-31OtherCurrentFinancialAssetsDomain15348042026-03-31OtherCurrentAssetsDomain15348042026-03-31OtherNoncurrentFinancialLiabilitiesDomain15348042026-03-31OtherNoncurrentLiabilitiesDomain15348042026-03-31OtherCurrentFinancialLiabilitiesDomain15348042026-03-31OtherCurrentLiabilitiesDomain15348042026-01-012026-03-31in-capmkt:ReportableSegments1Member5348042026-01-012026-03-31in-capmkt:ReportableSegments2Member5348042025-04-012026-03-31in-capmkt:ReportableSegments1Member5348042025-04-012026-03-31in-capmkt:ReportableSegments2Member5348042026-01-012026-03-31in-capmkt:ReportableSegments1Member5348042026-01-012026-03-31in-capmkt:ReportableSegments2Member5348042025-04-012026-03-31in-capmkt:ReportableSegments1Member5348042025-04-012026-03-31in-capmkt:ReportableSegments2Member5348042026-01-012026-03-31in-capmkt:ReportableSegments1Member5348042026-03-31in-capmkt:ReportableSegments1Member5348042026-01-012026-03-31in-capmkt:ReportableSegments2Member5348042026-03-31in-capmkt:ReportableSegments2Member5348042026-01-012026-03-31in-capmkt:ReportableSegments1Member5348042026-03-31in-capmkt:ReportableSegments1Member5348042026-01-012026-03-31in-capmkt:ReportableSegments2Member5348042026-03-31in-capmkt:ReportableSegments2Member5348042026-01-012026-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15348042025-04-012026-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15348042026-01-012026-03-31ItemsThatWillBeReclassifiedToProfitAndLoss15348042025-04-012026-03-31ItemsThatWillBeReclassifiedToProfitAndLoss15348042026-01-012026-03-31AuditorDomain1iso4217:INRxbrli:pureiso4217:INRxbrli:shares534804CARERATINGNAINE752H01013CARE RATINGS LIMITEDMain BoardEquity2025-04-012026-03-312026-05-132026-04-28INRLakhsQuarterlyFourth quarterMulti segment2026-05-1312:30:002026-05-1318:30:00trueCash Flow IndirectDeclaration of unmodified opinion2026-01-012026-03-31UnauditedConsolidated130670100015707100014637720000005256530006254000382510001735270007436850007200870000720087000187827000-22260001856010000534486000000053448600016191000550677000528345000614100054418700064900003004700001017.5817.510017.5817.510001. The above results have been reviewed by the Audit Committee and approved by the Board of Directors of the Company at its meeting held on May 13, 2026 and have been subjected to audit by the statutory auditors of the Company. <BR> 2. The Board of Directors of the Company have recommended final dividend of Rs. 14/- per share, also Company has paid interim dividend of Rs.8/- per share in Q2 FY 26. Total dividend for FY 26 of Rs. 22. <BR> 3. The consolidated financial results include results of CARE Ratings Limited and its subsidiaries namely CARE Analytics and Advisory Private Limited, CARE ESG Ratings Limited, CARE Ratings (Africa) Private Limited, CARE Ratings South Africa (Pty) Limited, CARE Ratings Nepal Limited and CareEdge Global IFSC Limited. <BR> 4. The accompanying financial results have been prepared as per the format prescribed under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as modified by Circular No. CIR/CFD/FAC/62/2016 dated July 5, 2016. <BR> 5. The financial results have been prepared in accordance with Indian Accounting Standards (Ind AS) notified under the Companies (Indian Accounting Standards) Rules, 2015 (as amended from time to time) read with section 133 of the Companies Act, 2013. <BR> 6. On 21st November 2025, the Government of India notified the four Labour Codes – the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020, and the Occupational Safety, Health and Working Conditions Code, 2020 – Consolidating 29 existing labour laws. The Ministry of Labour & Employment published draft Central Rules and FAQs to enable assessment of the financial impact due to changes in regulations. The Group has considered restructured compensation of its employees with effect from April 1, 2026, and assessed the impact of changes, consistent with the Labour Codes, draft rules and FAQs and legal opinion. The incremental gratuity impact of Rs. 75.99 lakhs, arising primarly from the change in wage definition has been recognized under Employee Benefit Expenses for the year ended 31st March 2026. The Management will continue to track and evaluate the impact of the rules notified by the Central/State Government post 31 March 2026 and consider the appropriate accounting effect in the relevant periods, as needed. <BR> 7. The Company has alloted 21984 equity shares of Rs.10 each pursuant to excercise of employee stock options during Q4 FY 25-26. As per Ind AS 102 - Share Based Payment, total cost of ESOS 2020 is recognised over vesting period. ESOP Cost for Q4 FY26 is Rs.39.37 lakhs and for FY26 is Rs. 175.73 lakhs on consolidated basis. <BR> <BR> <BR> <BR> <BR> 2025-04-012026-03-31AuditedConsolidated473070500054814800052788530000002146714000248610001437180006100250002925318000235353500002353535000622160000-5584000616576000017369590000000173695900025898000176285700017117680002519000017372920002556500030047000010902266600057.0656.830057.0656.83000Other Expenses173527000Other Expenses6100250008132700000079503000331208000532340000066343000001435600023099880002987774000169800075940004274281000020535500035035100042599500086418900018050000471678700065807270007919100011317100067730890000011047370000300470000902398200093244520001067990009431251000000021822500021822500016079700060264000004392860000800300014093200014893500043686200058579700050580800053161000320670000117683300000161611900011047370000Other non-current financial assets2309988000Other non-current assets7594000Other current financial assets4716787000Other current assets113171000Other non-current financial liabilities218225000Other non-current liabilities0Other current financial liabilities436862000Other current liabilities505808000Ratings and related services1176791000Others132465000Ratings and related services4234031000Others505866000130925600047398970002555000919200013067010004730705000Ratings and related services697652000Others10586000Ratings and related services2316062000Others-13750007082380002314687000625400024861000-18103000-637110007200870002353537000Ratings and related services9632843000Others4662390001009908200094828800011047370000Ratings and related services1240508000Others37561100016161190000161611900024861000000-5463400000-252410000005391500001437180000-5079000016545700000202100048505300017573000-333320000-32011000000-2318470002121688000000644865000014768230000000000024780008299600000000000000411125700036059930000000202100010485900000-2421004000-94564700000013160000065936000000521560005835680002486100000-593333000-621570000-62157000488152000425995000Items that will not be reclassified to profit and loss25620002562000Items that will not be reclassified to profit and loss-983000-983000595000-179000Items that will be reclassified to profit and loss1422400014224000Items that will be reclassified to profit and loss2670200026702000001619100025898000AuditedtrueM/s BSR & Co LLPtrue2028-07-31