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Central Depository Services (India) Ltd Q1FY24; 28% rise in Profits.

Central Depository Services Limited is a Market Infrastructure Institution (MII), part of the capital market structure, providing services to all market participants – exchanges, clearing corporations, depository participants (DPs), issuers and investors. It is a facilitator for holding of securities in the dematerialised form and an enabler for securities transactions.

Financial Results:

Central Depository Services (India) Ltd reported Revenues for Q1FY24 of ₹150.00 Crores up from ₹140.00 Crore year on year, a rise of 7.14%.

Total Expenses for Q1FY24 of ₹76.00 Crores up from ₹70.00 Crores year on year, a rise of 8.57%.

Consolidated Net Profit of ₹74.00 Crores up 27.59% from ₹58.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹7.04, up 27.31% from ₹5.53 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Depository
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