CDSL Q2 profit rises 24% to ₹174 crore
In short
CDSL posted a 24% rise in profit to ₹174 crore in the quarter. Revenue rose 23.7% to ₹395 crore from ₹319 crore a year earlier, and EBITDA was ₹229 crore.
The company’s demat account base also grew 17% year on year. This suggests stronger business activity, but the exact number of accounts and the market reaction are not stated.
What the reporting says
CDSL reported a 24% rise in profit to ₹174 crore in the latest quarter, with revenue increasing 23.7% to ₹395 crore from ₹319 crore a year earlier. EBITDA was ₹229 crore and the EBITDA margin improved to 58% from 56% last year. The reporting also says the demat account base expanded 17% year on year, but it does not give the exact account count in the available snippet.
Why it matters
CDSL reported stronger quarterly results, with profit up 24% to ₹174 crore and revenue up 23.7% to ₹395 crore. EBITDA came in at ₹229 crore, and the margin improved to 58% from 56% a year ago. The demat account base also expanded 17% year on year. The snippet does not provide the quarter name, exact account count, or management commentary.