StocksMedium•31 October 2026•
1 min read
CDSL Q2 Net Profit Rises 24% as Demat Account Openings Surge
Key Facts
1CDSL reported a 24% year-on-year increase in Q2 net profit to Rs 173 crore.
2Revenue grew 23.7% to Rs 395 crore, while the EBITDA margin expanded to 58%.
3The company opened 7.5 million new demat accounts, bringing assets under custody above Rs 89 lakh crore.
CDSL reported a 24% year-on-year increase in Q2 net profit to Rs 173 crore. The Economic Times reported that the company's revenue grew 23.7% to Rs 395 crore, while its EBITDA margin expanded to 58% during the period.
The company opened approximately 7.5 million new demat accounts during the quarter, bringing its total assets under custody above Rs 89 lakh crore. This operational growth coincides with recent economic data from India showing industrial production grew by 6.7% and manufacturing production by 7.6% as of October 28, 2026.