CDSL Q2 results: Net profit jumps 24% YoY to Rs 173 crore, revenue up 24%

What happened: CDSL reported a 24% year-on-year rise in Q2 net profit to Rs 173 crore, with revenue up 23.7% to Rs 395 crore. Key numbers: Net profit Rs 173 crore, up 24% YoY. Revenue Rs 395 crore, up 23.7%. EBITDA margin 58%. About 75 lakh new demat accounts opened. Assets under custody above Rs 89 lakh crore. Why it matters: The margin expansion to 58% and the addition of about 75 lakh demat accounts came as assets under custody crossed Rs 89 lakh crore. Coverage: 3 outlets in 24h

CDSL reported a 24% year-on-year rise in Q2 net profit to Rs 173 crore, with revenue up 23.7% to Rs 395 crore.

The margin expansion to 58% and the addition of about 75 lakh demat accounts came as assets under custody crossed Rs 89 lakh crore.