World · India Bureau
NSDL's net profit surges 24.6% sequentially to Rs 122.5 crore
The National Securities Depository Limited posted strong quarterly earnings growth, with consolidated net profit climbing to Rs 122.5 crore in the second quarter of FY27. Total income also expanded during the period, though at a more modest pace.
LSN India ·
National Securities Depository Limited (NSDL) reported a consolidated net profit of Rs 122.5 crore for the second quarter of fiscal year 2026-27, marking a sequential increase of 24.6 percent from the previous quarter.
The depository's total income grew to Rs 582.6 crore during the same period, registering a quarterly growth rate of 3.9 percent. The earnings expansion reflects steady operational performance and business momentum for the financial infrastructure provider.
NSDL, which operates as the primary securities depository in India, serves as a critical intermediary in the country's capital markets ecosystem. The sequential improvement in profitability comes amid ongoing activity in India's equities and debt markets.
The financial results underscore the organization's ability to sustain earnings growth through its core depository services and ancillary offerings. The quarter-on-quarter rise in net profit outpaced the more modest expansion in total income, suggesting improved operational efficiency or favorable cost management during the period.