ICRA Ltd board recommends dividend of Rs 27 for FY21 equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.
Central Depository Services (India) (CDSL) reported 82.8% jump in consolidated net profit to Rs 51.97 crore in Q4 FY21 from Rs 28.53 crore in Q4 FY20.
Income from operations increased 72.1% year-on-year (YoY) to Rs 103.08 crore. Profit before tax in the fouth quarter stood at Rs 68.92 crore, up by 92.4% from Rs 35.82 crore reported in the same period last year.
In the quarter ended 31 March 2021, the company through its subsidiary CVL continued to generate capital market investor records under CVL and being the first and largest KYC Registration Agency (KRA) in the country.
CDSL reported 89% increase in net profit to Rs 94.54 crore on a 41% rise in total income to Rs 116.38 crore in the financial year ended 31 March 2021 over the financial year ended 31 March 2020. EBITDA margin increased to 67% in FY21 from 52% in FY20.
Benchmarks traded sideways with modest losses in mid morning trade. The Nifty hovered near the 14,550 level. FMCG and metal stocks bucked the weak market trend. Mounting COVID-19 cases continued in the country and a negative trend in Asian equities spoiled sentiment.
At 11:23 IST, the barometer index, the S&P BSE Sensex, was down 346.65 points or 0.71% at 48,435.12. The Nifty 50 index declined 87.45 points or 0.6% at 14,543.10.
In broader market, the S&P BSE Mid-Cap index was down 0.42% while the S&P BSE Small-Cap index was up 1.01%.
The market breadth was positive. On the BSE, 1534 shares rose and 1193 shares fell. A total of 163 shares were unchanged.
Central Depository Services (India) consolidated net profit rises 80 91% in the March 2021 quarter business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
Read more about CDSL gains on bargain hunting on Business Standard. Central Depository Services (India) (CDSL) rose 1.94% to Rs 719.85 amid value buying.