scorecardresearch
Friday, March 29, 2024
Support Our Journalism
HomeANI Press ReleasesCDSL Q1 PAT up 37 pc at Rs 64 crore

CDSL Q1 PAT up 37 pc at Rs 64 crore

Follow Us :
Text Size:

India's leading depository provides convenient and secure services at affordable cost

Mumbai (Maharashtra) [India], July 31 (ANI): Central Depository Services Ltd (CDSL) on Saturday reported 37 per cent hike in its consolidated profit after tax to Rs 64 crore in Q1 FY22 from Rs 47 crore in Q1 FY21.

Total income grew by 51 per cent to Rs 130 crore from Rs 86 crore in the same period.

Nehal Vora, Managing Director and CEO, said the capital market continues to witness growth which is primarily led by increased participation of investors and a robust ecosystem of market infrastructure institutions.

Earier this month, CDSL became the first depository to register four crore demat accounts.

CDSL maintains and services 3.97 crore demat accounts of investors or beneficial owners across India. These beneficial owners are serviced by CDSL’s 588 depository participants from over 21,205 locations.

Major shareholders of CDSL include BSE (earlier known as Bombay Stock Exchange), Standard Chartered Bank, Life Insurance Corporation (LIC), HDFC Bank and Canara Bank. (ANI)

This story is auto-generated from a syndicated feed. ThePrint holds no responsibility for its content.

Subscribe to our channels on YouTube, Telegram & WhatsApp

Support Our Journalism

India needs fair, non-hyphenated and questioning journalism, packed with on-ground reporting. ThePrint – with exceptional reporters, columnists and editors – is doing just that.

Sustaining this needs support from wonderful readers like you.

Whether you live in India or overseas, you can take a paid subscription by clicking here.

Support Our Journalism

  • Tags

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular