CDSL shares drop 3% as Q1 net profit falls 23.6% YoY to Rs 102.4 crore, EBITDA down 15.1%
Shares of Central Depository Services (India) Ltd (CDSL) declined over 3% in Monday's trade after the company posted a sharp drop in net profit for the June quarter (Q1 FY26). As of 9:21 AM, the shares were trading 2.88% lower at Rs 1,568.20.
CDSL reported a 23.6% year-on-year (YoY) decline in net profit at ₹102.4 crore, compared to ₹134 crore in the same period last year. While revenue remained flat, rising marginally by 0.6% to ₹259 crore from ₹257.4 crore, the company's operating performance took a hit.
EBITDA came in at ₹130.6 crore, down 15.1% YoY, while EBITDA margin dropped to 50.44% from 60% a year ago, indicating pressure on profitability despite steady top-line growth.
CDSL shares traded between ₹1,549.00 and ₹1,580.00 today. The stock opened at ₹1,550.00, slightly lower than its previous close of ₹1,614.70. It remains well above its 52-week low of ₹1,047.45 but below the 52-week high of ₹1,989.80.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
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Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at BusinessUpturn.com
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