Central Depository Q2 net profit up 0.31% at Rs 68.61 cr
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The company reported standalone net profit of Rs 68.61 crore for the quarter ended September 30, 2022 as compared to Rs 68.40 crore in the same period last year, registering a year-on-year growth of 0.31 per cent. Net revenue of the company rose moderately by 9.70 per cent at Rs 122.80 crore in July-September quarter of this fiscal as against Rs 111.94 crore in the corresponding period last year.
During July-September quarter, operating expenses increased by 33.11 per cent to Rs 45.31 crore from Rs 34.04 crore in year ago period. Other Income grew by 10.95 per cent at Rs 17.73 crore versus (Sep'21 Rs 15.98 crore). Operating Profit slipped by 0.53 per cent to Rs 77.49 crore as against Rs 77.90 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 9.33 per cent in September quarter. Taxation decreased by 1.05 per cent at Rs 22.53 crore (Sep'21 Rs 22.77 crore).
