The Q3 result was announced after market hours yesterday, 29 January 2015.

Meanwhile, the S&P BSE Sensex was down 81.72 points or 0.28% at 29,600.05.

On BSE, so far 794 shares were traded in the counter as against average daily volume of 409 shares in the past two weeks.

The stock was volatile. The stock surged as much as 5.86% at the day's high of Rs 3,512.15 so far during the day, which is a record high for the conter. The stock rose 1.58% at the day's low of Rs 3,370 so far during the day.

ICRA's growth in top line is attributable to 891% jump in other income in Q3 December 2014 over Q3 December 2013.

ICRA's consolidated operating income rose 12% to Rs 82.98 crore in Q3 December 2014 over Q3 December 2013.

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.