PAT grew 23% sequentially, while topline grew 28%.
Operating profit rose 9% YoY to Rs. 114 crores, which in the corresponding period of the previous year was Rs. 104 crores.
NSDL’s earnings before interest, taxes, depreciation and amortization (EBITDA) stood at Rs. 15 crore, registering a growth of 12% YoY and 22% QoQ. EBITDA margin stood at 36.7% in the quarter under review, against 36.9% in Q2FY25 and 37.4% in Q1FY26.
NSDL’s expenses rose 13% YoY and 25% QoQ in Q2FY26 to Rs. 285 crore, compared to Rs. 253 crore in Q1FY26 and Rs. 228 crore was. These expenses were under the headings like ‘Employee Benefits Expense’, Depreciation and Amortization Expense.
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NSDL said in a filing to the exchange that its subsidiaries are 100% profitable.
The earnings were announced after market hours, and shares of NSDL rose 2% on the NSE today to Rs. closed at 1,147.25.
NSDL, in its investor presentation, said its market share by total demat custody value was 86.3%. The total number of demat accounts at the end of September quarter was 4.19 crore, with an average value of assets in demat accounts at Rs. 1.2 crore was.
Shares of NSDL traded on BSE on August 6 at Rs. 880 was listed on the exchange, which was Rs. 800 is a 10% premium over the issue price. The current market price is Rs. At 1,147.25, it is trading 43% above the issue price.
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