New Delhi, Jan. 28 -- Shares of Central Depository Services Ltd. (CDSL) continued the downward trend, falling 6.41 per cent on Tuesday, January 28, marking a two-day losing streak. The drop came after the company announced its December quarter results over the weekend. CDSL stock has fallen over 16 per cent in the last three trading session.
The company posted a 21.5 per cent year-on-year growth in consolidated profit after tax (PAT), reaching Rs.130 crore. CDSL reported a 14 per cent decline in revenue, primarily due to reduced transaction charges, online data charges, and other income.
On a standalone basis, the net profit for Q3 FY25 was Rs.105 crore, marking a 22.09 per cent year-on-year increase but a 38.60 per cent decline quarter...
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