{
  "id": 17384227,
  "title": "CDSL Q2 results: Net profit jumps 24% YoY to Rs 173 crore, revenue up 24%",
  "url": "https://urgent.news/2026/10/31/cdsl-q2-results-net-profit-jumps-24-yoy-to-rs-173-crore-revenue-up-24",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-31T10:20:46.000Z",
  "source": {
    "name": "The Economic Times - Top News",
    "slug": "the-economic-times-top-news",
    "url": "https://economictimes.indiatimes.com/markets/stocks/earnings/cdsl-q2-results-net-profit-jumps-24-yoy-to-rs-173-crore-revenue-up-24/articleshow/135397659.cms"
  },
  "original_language": "en",
  "account": "Central Depository Services (India) Limited (CDSL) reported a 24% year-on-year increase in net profit to Rs 173 crore in the second quarter, with revenue growing 23.7% to Rs 395 crore. EBITDA reached Rs 229 crore with an expanded EBITDA margin of 58%. CDSL opened approximately 75 lakh new demat accounts, boosting its assets under custody to over Rs 89 lakh crore. As of the end of Q2, CDSL's demat account base grew by around 17% year-on-year. Managing Director and CEO Nehal Vora stated that market participation remained resilient despite global economic fluctuations. The company plans to further strengthen its operations and value proposition. CDSL also invested in India International Bullion Holding IFSC Limited and the Open Network for Digital Commerce. Additionally, CDSL's subsidiary, Centrico Insurance Repository Limited, signed a software development partnership with Shoveltech Solutions Private Limited. CDSL facilitates electronic holding, settlement, and transfer of securities for various market participants and manages over 19.34 crore demat accounts.",
  "summary": "CDSL reported a 24% year-on-year rise in Q2 net profit to Rs 173 crore, while revenue grew 23.7% to Rs 395 crore. EBITDA margin expanded to 58%. The depository opened around 75 lakh new demat accounts during the quarter, taking assets under custody beyond Rs 89 lakh crore.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 4,
    "also_reported_by": [
      {
        "outlet": "Business Standard IN",
        "title": "IGL Q2 result: Net profit plunges 93.5% to ₹24 crore on higher gas costs",
        "url": "https://urgent.news/2026/10/31/igl-q2-result-net-profit-plunges-93-5-to-24-crore-on-higher-gas-costs",
        "published": "2026-10-31T07:08:52.000Z"
      },
      {
        "outlet": "Free Press Journal",
        "title": "Eveready Industries Reports Strong Q2, H1 FY27 Results; Profit After Tax Jumps 209% For Half Year As Revenue Grows",
        "url": "https://urgent.news/2026/10/31/eveready-industries-reports-strong-q2-h1-fy27-results-profit-after",
        "published": "2026-10-31T09:56:36.000Z"
      },
      {
        "outlet": "Hindu BusinessLine",
        "title": "CDSL Q2 results: Net profit jumps 24% to ₹174 cr on strong demand",
        "url": "https://urgent.news/2026/10/31/cdsl-q2-results-net-profit-jumps-24-to-174-cr-on-strong-demand",
        "published": "2026-10-31T11:53:55.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}