Central Depository Services (India) Ltd. (CDSL) reported strong financial performance for the quarter ended December 2024. The company’s net profit rose 21.11% to ₹130.10 crore, compared to ₹107.42 crore in the same quarter of the previous year.
Sales grew significantly, increasing by 29.67% to ₹278.11 crore, up from ₹214.48 crore in the December 2023 quarter.
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Key Financial Metrics
- Operating Profit Margin (OPM): Declined slightly to 57.76% from 60.82% in Q3 FY24.
- Profit Before Depreciation and Tax (PBDT): Increased by 19% to ₹181.35 crore, compared to ₹151.89 crore.
- Profit Before Tax (PBT): Rose 16% to ₹168.38 crore, up from ₹145.00 crore.
The robust revenue growth reflects strong operational performance, although the slight dip in operating margins indicates rising costs. CDSL’s sustained growth highlights its resilience and ability to capitalize on market opportunities.
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