India : During its meeting on February 3, 2024, the Board of Directors of CDSL reviewed and authorized, among other matters, the Audited Consolidated and Standalone Financial Results of the Company for the quarter (Q3) concluding on December 31, 2023.
Statement of consolidated financial results for the quarter ended December 31, 2023
All Numbers are in Rs Lakhs | Quarter Ended 31.12.2023 | Quarter Ended 30.09.2023 | Quarter Ended 31.12.2022 |
---|---|---|---|
Total Income | 23,595.94 | 23,011.65 | 16,087.45 |
Total Expenses | 8,995.27 | 8,446.77 | 6,096.02 |
Profit/ (loss) before tax | 14,499.55 | 14,475.00 | 9,933.36 |
Net Profit after tax | 10,748.06 | 10,897.21 | 7,476.94 |
Total comprehensive income after tax | 10,733.13 | 10,919.79 | 7,529.02 |
EPS | 10.28 | 10.42 | 7.14 |
CDSL Q3Â Highlights :
- Net Profit Increases 43.7 % YOY To 107.4 Crore Rupees
- Revenue Increase 46.6 % YOY to 235.95 Crore Rupees
- In the third quarter of fiscal year 2023-24, the total number of demat accounts reached approximately 10.47 crore, marking an increase of around 85 lakh demat accounts compared to the 9.62 crore accounts reported as of September 30, 2023.
- CDSL was honored with the ‘Central Securities Depository of the Year Award’ at the Asset Service Times – Industry Excellence Award 2023, marking a significant milestone as the first Indian depository to achieve this recognition on an international stage.
- CDSL was acknowledged as the Highly Recommended Market Infrastructure Institution at the Regulation Asia Awards 2023.
- CDSL was honored with the Tech Circle ‘Business Transformation Award’ in recognition of its excellence in digital execution.