Central Depository Services (India) Limited (CDSL) has declared a final dividend of ₹12.50 per share for FY24-25, subject to shareholder approval. While Q4 saw a 22.41% decrease in net profit to ₹100.40 crore and a 6.81% drop in revenue to ₹224.44 crore, the company's annual performance for FY24-25 showed significant growth. Annual revenue increased by 46.33% to ₹812.30 crore, and net profit rose by 52.03% to ₹419.60 crore. The company's Operating Profit Margin for FY24-25 improved slightly to 60.25% from 58.25% in the previous year.
03May 25
CDSL: Q4 PAT Declines 22% YoY, Announces Final Dividend
Central Depository Services (India) Limited (CDSL) announced Q4FY25 results with a 22% decrease in net profit to Rs 100.39 crore and a 6.7% drop in revenue to Rs 224.45 crore. Despite the decline, CDSL declared a final dividend of Rs 12.50 per share. The company's quarterly performance showed consistent declines across all major financial indicators. However, annual performance for FY24-25 was positive with revenue up 46.13% and net profit increasing by 52.03% year-over-year.
CDSL's Subsidiary CVL Expands Footprint with L&T Realty Property Deal
CDSL Ventures Limited (CVL), a subsidiary of Central Depository Services Limited (CDSL), has entered into a Memorandum of Understanding (MOU) with L&T Realty Properties to purchase premises at L&T Seawoods Grand Central. This strategic move suggests potential expansion or relocation of CVL's operations, possibly enhancing operational capacity and efficiency. The financial details and specific impact on CDSL's operations are yet to be disclosed.
26Mar 25
SEBI Warns CDSL to Bolster Internal Systems Amid Regulatory Scrutiny
India's market regulator SEBI has issued a warning to Central Depository Services Limited (CDSL), directing the company to strengthen its internal systems. This action highlights potential vulnerabilities in CDSL's operational infrastructure. The warning may lead to a comprehensive operational review, increased compliance costs, and temporary impact on investor confidence for CDSL. As a key player in India's securities market, CDSL's response to this warning will be closely watched by market participants.
20Mar 25
CDSL's Subsidiary Inks Deal with LIC for Insurance Repository Services
CDSL Insurance Repository Limited (CIRL), a subsidiary of Central Depository Services Limited (CDSL), has entered into an agreement with Life Insurance Corporation of India (LIC) to provide Insurance Repository (IR) services. This partnership aims to enhance digital insurance services, potentially improving efficiency, streamlining operations, and increasing accessibility for policyholders. The collaboration is expected to contribute to the broader digitization efforts in India's insurance sector, though financial terms were not disclosed.