CDSL Q2 results: Cons PAT down over 13% YoY to Rs 140.21 cr, revenue down marginally

CDSL Q2 results: Cons PAT down over 13% YoY to Rs 140.21 cr, revenue down marginally

The Central Depository Services (India) Limited (CDSL) on Saturday reported its results for the second quarter ended September 2025, with a 13.6% year-on-year decline in net profit to Rs 140.21 crore, compared to Rs 162.02 crore in the same quarter last year. The company’s top line also took a marginal hit, declining 1% year over year.

Revenue from operations stood at Rs 318.89 crore, compared to Rs 322.26 crore in the second quarter of FY25.

It should be noted that net profit is attributable to the shareholders of the company.

However, sequentially, the depository’s net profit recorded a growth of 37%, up by Rs 102.37 crore.

Reflecting a year-on-year decline in the company’s revenue from operations and other income, total revenues also stood at Rs 341.37 crore, down from Rs 358.51 crore a year ago, but up from Rs 295.16 crore on a quarter-on-quarter (QoQ) basis.


CDSL’s total cost was also higher year-on-year at Rs 157.41 crore against Rs 134.41 crore. Founded in 1999, CDSL is one of India’s central securities depositories. It was founded with the aim of “providing convenient, reliable and secure custody services at affordable costs to all market participants.” Essentially, CDSL functions as a custodian of securities such as shares, bonds and mutual funds in electronic or dematerialized form, facilitating their transfer, settlement and safe custody.

As per the latest data on CDSL website, the number of investor accounts (excluding closed accounts) as on September 30, 2025 was 16,51,74,182 (i.e. 16.52 crore).

On Friday, shares of CDSL closed 1.5% lower at Rs 1,591 on the NSE.

Also read: ‘Dumb money chases dumb IPOs’: Shankar Sharma on Indian public markets amid Lenskart rumors

(Disclaimer: Recommendations, suggestions, views and opinions expressed by the experts are their own. These do not represent the views of The Economic Times)

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