CDSL's Q2 profit dips 13.6%: What's impacting the bottomline

Business Nov 02, 2025

CDSL just posted a 13.6% drop in Q2 profits this year—₹140.21 crore, compared to ₹162.02 crore last year.
Revenue barely budged, dipping just 1%.
The main driver appears to be rising costs eating into earnings.

Revenue stayed almost flat

Even though CDSL's revenue stayed almost flat, expenses shot up by 17%. That squeezed their margins and impacted profitability.
It's a reminder that even big players can feel the pinch when costs climb faster than income.

The stock slid 1.47% after the results

The stock slid 1.47% after the results and is down 12% for the year so far.
Investors seem worried about shrinking profits and higher expenses—but CDSL is still a heavyweight in India's securities market, riding out the bumps for now.