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The Economic Times

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

AI Market Summary
CDSL reported 24% YoY Q2 profit growth, 23.7% revenue growth and a 58% EBITDA margin, reflecting resilient Indian capital-market infrastructure demand. The read-through is company-specific rather than macro, with no direct crypto or global asset impact evident. Short-term market effect is likely contained to the domestic depository ecosystem.
Impact level
● Low
Affected assets
NCCOGOLD2USD/USDT+0.07%
AI Insight · NCCOGOLD2USD/USDTAI Insight
● Neutral
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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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