The Central Depository Services (India) Ltd (CDSL) has reported a 24-per cent drop in consolidated net profit at ₹21.61 crore for the third quarter, as against ₹28.46 crore reported during the year-ago same period.
During the quarter, the company has taken a one-time charge for a non-recurring previous years’ anticipated statutory liability of ₹10.56 crore. Consolidated total revenues grew 10 per cent at ₹68.49 crore (₹62.54 crore). During CY2019, the number of active beneficial owners accounts with CDSL has increased to 1.97 crore, an y-oy growth of 17.96 per cent.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.