Central Depository Services (India) Limited (CDSL) reported strong financial results for Q3 FY25, showcasing significant year-on-year (YoY) growth in net profit and revenue. The company’s net profit for the quarter stood at ₹104.93 crore, marking a 22.3% increase compared to ₹85.72 crore in Q3 FY24. Revenue from operations grew by 30% YoY to ₹220.97 crore from ₹169.57 crore in the same period last year.
CDSL’s total income for Q3 FY25 rose to ₹234.87 crore, compared to ₹185.83 crore in Q3 FY24, reflecting a 26.4% growth. This was supported by strong growth in other income, which contributed ₹13.90 crore during the quarter.
Total expenses for the quarter increased to ₹100.41 crore, up from ₹69.49 crore in Q3 FY24. Employee benefit expenses grew to ₹27.06 crore, compared to ₹19.71 crore in the same quarter last year, while depreciation and amortization expenses rose to ₹10.58 crore from ₹5.31 crore in Q3 FY24.
Profit before tax stood at ₹134.46 crore for Q3 FY25, a 15.4% rise from ₹116.34 crore in the corresponding quarter of the previous year. Total tax expenses were recorded at ₹29.53 crore, compared to ₹30.61 crore in Q3 FY24, supporting net profit growth.
Earnings Per Share (EPS)
Basic and diluted earnings per equity share for the quarter were ₹5.02, compared to ₹4.10 in Q3 FY24, reflecting an improvement in shareholder returns.
Outlook
CDSL’s consistent growth in revenue and profitability demonstrates its ability to capitalize on market opportunities. The company’s robust performance across all metrics highlights its strong operational efficiency and strategic focus on delivering value to stakeholders. With the depository services sector expected to expand further, CDSL is well-positioned for sustained growth in the upcoming quarters.
