Central Depository Services (India) Ltd (CDSL) reported a 24 per cent year-on-year rise in consolidated net profit to ₹173 crore for the July-September quarter, aided by continued growth in India's securities market participation.
Consolidated total income rose 22 per cent to ₹417 crore in the second quarter of FY27, compared with ₹341 crore a year earlier. Sequentially, net profit jumped 47 per cent from ₹118 crore in the June quarter, while total income increased 22 per cent from ₹341 crore.
For the first half of FY27, consolidated net profit grew 20 per cent to ₹291 crore, while total income rose 19 per cent to ₹758 crore.
On a standalone basis, CDSL's net profit increased 28 per cent year-on-year to ₹163 crore in Q2, while total income rose 24 per cent to ₹359 crore. For the six months ended September, standalone profit grew 10 per cent to ₹308 crore and income increased 14 per cent to ₹685 crore.
The depository added around 75 lakh demat accounts during the quarter, taking its assets under custody beyond ₹89 lakh crore. Its demat account base grew around 17 per cent year-on-year as of the end of September, Managing Director and Chief Executive Officer Nehal Vora said.