{
  "id": 17400151,
  "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",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-31T11:53:55.000Z",
  "source": {
    "name": "Hindu BusinessLine",
    "slug": "hindu-businessline",
    "url": "https://www.thehindubusinessline.com/markets/cdsl-q2-results-net-profit-jumps-24-to-174-cr-on-strong-demand/article71649202.ece"
  },
  "original_language": "en",
  "account": "CDSL, the central depository services provider, announced a significant surge in its net profit for the September quarter, with profits jumping 24% to ₹174 crore. This marked an improvement from the ₹140 crore recorded in the same period last year. The company attributed this growth to robust demand in the market. Revenue also increased to ₹394 crore from ₹319 crore during the quarter. CDSL opened 75 lakh new demat accounts and its Assets Under Custody surpassed ₹89 lakh crore. Despite global macroeconomic fluctuations, the resilience of the securities market continued, as highlighted by Nehal Vora, Managing Director & Chief Executive Officer of CDSL. The company's demat account base expanded by 17% year-on-year by the end of Q2, driven by sustained market participation. CDSL is committed to promoting informed investing as a Securities Market Partner in SEBI's Project Jagrook and continues to build trusted infrastructure. Recent appointments include Geetha Gangadharan as a Non-Independent Director, Farokh Patel as Chief Regulatory Officer and Compliance Officer, and Kinjal Shah as Chief Technology Officer. Investments were also made in India International Bullion Holding IFSC, Open Network for Digital Commerce, and a partnership with Shoveltech Solutions in the health-tech domain.",
  "summary": "CDSL’s Q2 FY27 revenue increases to ₹394 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": "The Economic Times - Top News",
        "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",
        "published": "2026-10-31T10:20:46.000Z"
      }
    ]
  },
  "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."
}