The result was announced after market hours on Wednesday, 12 November 2014.

Meanwhile, the BSE Sensex was fell 37.39 points, or 0.13%, to 27,971.51.

On BSE, so far 857 shares were traded in the counter, compared with an average volume of 507 shares in the past one quarter.

The stock hit a high of Rs 2,700.05 and a low of Rs 2,601 so far during the day. The stock hit a record high of Rs 3,199.25 on 7 July 2014. The stock hit a 52-week low of Rs 1,315 on 13 November 2013.

The stock had outperformed the market over the past one month till 12 November 2014, rising 7.49% compared with 6.51% rise in the Sensex. The scrip had, however, underperformed the market in past one quarter, rising 6.44% as against Sensex's 8.22% rise.

The small-cap company has an equity capital of Rs 10 crore. Face value per share is Rs 10.

ICRA's consolidated operating income for Q2 September 2014 showed increase of about 10% to Rs. 76.77 crore from Rs. 70.02 crore in the corresponding quarter of the previous fiscal. Group ICRA's consolidated total income for Q2 September 2014 stood at Rs 84.59 crore versus Rs 75.01 crore for Q2 September 2013, reflecting growth of 13%, the higher growth being attributable also to the 57% increase in other income during the period under consideration. Over the same horizon, Group ICRA's profit after tax (PAT) (after minority interest) showed a decline of 82% to Rs 2.84 crore from Rs 15.57 crore. The decline was attributable mainly to the "accounting policy changes", in addition to the booking of impairment of goodwill value in one of the subsidiary companies (negative impact of Rs 4.13 crore). Without these factors, the profit after tax for Q2 September 2014 would have been higher by Rs 9.48 crore and the extent of decline lower at 21% over the corresponding previous.

ICRA was set up in 1991 by leading Indian financial/investment institutions, commercial banks and financial services companies as an independent and professional investment information and credit rating agency. Today, ICRA is a full-service Credit Rating Agency. ICRA is majority held by the Moody's group, which has 50.06% equity ownership stake in the company.