Stock market today, May 5 -- Shares of NSE-listed Central Depository Services Limited or CDSL cracked nearly 5% in Monday's trading session following the announcement of the fourth quarter results and dividend payout.
CDSL, over the weekend, posted a 22% year-on-year (YoY) decline in consolidated net profit to Rs.100 crore in Q4 FY25 from Rs.129 crore posted in Q4 FY24. On a quarter-on-quarter (QoQ) basis, too, the net profit was lower by 23% as against Rs.130 crore posted in the preceding December 2024 quarter.
Its total income for the March 2025 quarter stood at Rs.256 crore as against Rs.267 crore in the same quarter a year ago, recording a 4% decline on a YoY basis. Meanwhile, sequentially, the decline was sharper as the figure decl...
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