Central Depository Service India Q1 Results Total Income Up 71.96% YoY to ₹257.39 Crore

Central Depository Service India Q1 Results: The table shows the financial performance of Central Depository Service India for the first quarter of 2024 (June 2024). Comparing this with the same period last year (YoY), Total Revenue increased by 71.96%, which is a significant improvement. This shows a strong growth trend from the previous year. 

Central Depository Service India’s Operating Income also grew by 93.24% YoY, indicating that the company's core business activities are performing very well compared to last year. Similarly, Net Income rose by 82.41% YoY, meaning the company made a lot more profit compared to the same quarter last year.

Looking at the quarter-on-quarter (QoQ) changes, Total Revenue increased by 6.90% from the previous quarter (March 2023), showing consistent growth. Operating Income improved by 3.40% QoQ, and Net Income saw a 3.83% increase QoQ. These QoQ increases suggest that the company is steadily improving its financial performance from one quarter to the next.

Here’s a summary of Central Depository Service India’s Q1 results for June 2024:

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Central Depository Service India Q1 Results

For the quarter, the company earned a total income of ₹28,689.70 lakh. This includes ₹25,738.82 lakh from its main operations and ₹2,950.88 lakh from other sources. The total income for the year ending March 31, 2024, was ₹90,730.39 lakh.

Central Depository Service India’s expenses for the quarter were ₹9,642.53 lakh. This includes costs for employee salaries, depreciation, finance, technology, and other expenses. For the year, total expenses were ₹35,020.92 lakh.

Central Depository Service India’s Before taxes, the company made a profit of ₹17,463.03 lakh for the quarter and ₹55,601.16 lakh for the year. After accounting for taxes, which were ₹4,046.31 lakh for the quarter, the net profit was ₹13,416.72 lakh. This is the amount left after paying taxes.

Central Depository Service India also reported other comprehensive income, which was a loss of ₹33.97 lakh for the quarter. This amount adjusts the net profit to give the total comprehensive income of ₹13,382.75 lakh for the quarter. The earnings per share for the quarter were ₹12.84, meaning each share earned this much profit.

Here is the financial summary in table format:

Central Depository Service India Financial Metrics

Central Depository Services India (CDSL) is a company that helps manage securities like stocks and bonds in electronic form. This table shows important financial details about the company. The Market Cap of ₹28,743 Crores tells us the total value of all its shares combined. The Current Price of ₹1,375 is how much one share costs right now. High / Low shows the highest and lowest share prices over a period, which are ₹1,664 and ₹631, respectively. The Stock P/E of 59.9 indicates how much investors are willing to pay for each unit of profit. Book Value is ₹70.0, which is the value of the company's assets per share. 

Here’s the information in a table format:

Quarterly Results 

The Central Depository Service India (CDSL) table shows quarterly financial results for the company. It includes data on sales, expenses, operating profit, and other key figures from different months. Sales represent the total income earned by CDSL. Expenses are the costs incurred to run the business. Operating profit is the money made after subtracting expenses from sales. Other income includes additional earnings not from regular business activities. Depreciation shows the decrease in value of assets. Profit before tax is the total profit before taxes are deducted. 

Here’s the transposed quarterly financial data for Dec 2023, Mar 2024, and Jun 2024:

About Central Depository Service India 

Central Depository Services India was set up in 1999 to provide safe and easy services for holding and transferring securities like stocks and bonds in a digital format. This means investors can manage their investments electronically rather than using physical certificates. CDSL plays a key role in the Indian financial market by serving exchanges, clearing corporations, depository participants, issuers, and investors. 

Central Depository Services India ensures that transactions are secure and efficient, supporting the smooth operation of the capital markets in India. Over the years, CDSL has focused on making its services accessible and affordable for everyone.