05 May , 2025 By : Debdeep Gupta
CDSL shares dropped 5 percent on Monday after the company's net profit dropped 22 percent for the March quarter.
Shares of Central Depository Services (India) Ltd declined 5.13 percent to an intraday low of Rs 1,260 per share on the NSE. Later, it pared some of the losses to trade at Rs 1,266.8 apiece, down 4.62 percent.
Central Depository Services (India) Ltd (CDSL) on Saturday posted its Q3FY25 results, wherein it reported a 22% year-on-year (YoY) decline in its profit after tax (PAT) of Rs 100.39 crore, while the revenue from operations dipped 6.7% YoY.
The company reported a 22.4 percent decline in the profit after tax to Rs 100.39 crore in the March quarter of the FY2025. The same was reported at Rs 129.4 crore in the year-ago period.
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