Our businesses have demonstrated resilience in 2024 and delivered revenue growth and robust margins in the first quarter.
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Crisil Ratings maintained its leadership in corporate bond ratings, given investor preference for best-in-class ratings, and maintained healthy revenue growth during the quarter.
NEGATIVES
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Overall revenue growth was a modest 3.8%, mainly due to the curtailed performance of the Research, Analytics and Solutions segment.
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Crisil Integral IQ's performance was muted in 2024 due to curtailed discretionary spending by many of our global customers.
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