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Performance update
Strong Performance Despite Global Market Challenges
• While bond issuances and corporate credit growth remained slow, the Ratings Services segment still delivered revenue growth for the quarter ending March 2024.
• Despite a slowdown in discretionary spending by global clients, the Research, Analytics, and Solutions segment experienced continued momentum in lending solutions, regulatory support, and benchmarking analytics. The Market Intelligence & Analytics (MI&A) segment, meanwhile, saw growth in credit, risk, data, analytics, and consulting offerings.
• We remain committed to delivering value by investing in the development of innovative solutions, digital capabilities, and talent.
• The flagship India Outlook seminar, ‘Pivots, Pillars, and Pace,’ was successfully hosted, alongside the launch of the India Outlook Report 2024. In addition, we released global thought leadership insights and reports on banking, private markets, and sustainability.
• Foundation expanded outreach to major cities and 2 teir cities.
