CDSL Q4 PAT up 83% YoY
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%...
Source: business-standard.com