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CDSL share price tanks 9% as Q3 profit plunges 20% sequentially; details

Business Standard LogoBusiness Standard3d ago

CDSL share price tanks 9% as Q3 profit plunges 20% sequentially; details - Business Standard

Quick Summary:

During the quarter under review, the company's consolidated profit dropped 19.7 per cent quarter-on-quarter (Q-o-Q) to Rs 130.

As of January 27, 2025, CDSL boasts a market capitalisation of Rs 28,623.60 crore on NSE.

Subsequently, CDSL’s Ebitda margin or operating profit margin (OPM) contracted 420 basis points (bps) to 57.8 per cent as against 62 per cent Q-o-Q.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-27 @ 12:50:10 (3 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 482 words

Reading Time: 3 minutes read

Sentences: 22 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 25491062

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 300 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

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Publisher ID: #49

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