Shares of leading depository CDSL rose nearly 1 per cent on Tuesday after the company reported a 68 per cent jump in profit after tax at ₹48.87 crore for the three months ended September 30, 2020.
At 10.55 am, the stock was up by Rs 4.20, or 0.91%, to Rs 465.65 on the NSE.
In comparison, the depository had posted a profit after tax (PAT) of ₹29.06 crore in the same quarter preceding fiscal.
Total income for the quarter ended September 30, 2020, increased by 46 per cent to ₹101.16 crore from ₹69.35 crore in the year-ago period.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.