CDSL's Q2 net profit jumped 24% YoY to ₹173.9 cr, while shares fell 1.48% to ₹1,263 on the NSE.
Revenue rose 23.7% to ₹395 cr, beating the ₹319 cr of the same quarter last year. EBITDA hit ₹229 cr, pushing the margin to 58% from 56% a year earlier.
Demat account base expanded 17% year‑on‑year, with 75 lakh new accounts opened in the quarter. Assets under custody crossed ₹89 lakh crore, underscoring the firm’s growing footprint.
The company deepened its strategic reach by investing in India International Bullion Holding IFSC Ltd and partnering with Open Network for Digital Commerce. Its subsidiary, Centrico Insurance Repository, inked a software partnership with Shoveltech Solutions.
Investor education continued to be a priority; the Investor Protection Fund rolled out a multilingual film and a comic series that reached 21,000 students across 60 schools, supported by over 700 awareness programmes.
Nehal Vora, Managing Director & CEO, said the uptick in market participation fuels CDSL’s drive to strengthen operations and enhance its value proposition. The firm remains focused on sustaining demat growth and operational efficiency, with no immediate guidance beyond reinforcing its expansion strategy.