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CDSL Q2 results: Net profit jumps 24% YoY to Rs 173 crore, revenue up 24%

CDSL Q2 results: Net profit jumps 24% YoY to Rs 173 crore, revenue up 24%
Image: The Economic Times (India)

CDSL reported a 24% year-on-year rise in Q2 net profit to Rs 173 crore, while revenue grew 23.7% to Rs 395 crore. EBITDA margin expanded to 58%. The depository opened around 75 lakh new demat accounts during the quarter, taking assets under custody beyond Rs 89 lakh crore.

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