Central Depository Services Limited Reports Audited Consolidated and Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2017
January 20, 2018 at 04:55 am EST
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Central Depository Services (India) Limited reported audited consolidated and standalone earnings results for the third quarter and nine months ended December 30, 2017. For the third quarter, on consolidated basis, the company reported income from operations of INR 511.110 million against INR 375.501 million a year ago. Total income was INR 570.321 million against INR 471.575 million a year ago. Profit before tax was INR 353.183 million against INR 286.779 million a year ago. Net profit attributable to shareholders of the company was INR 253.576 million or INR 2.43 per basic and diluted share against INR 202.360 million or INR 1.94 per basic and diluted share a year ago.
For the nine months, on consolidated basis, the company reported income from operations of INR 1,389.011 million against INR 1,076.751 million a year ago. Total income was INR 1,636.791 million against INR 1,388.553 million a year ago. Profit before tax was INR 1,046.750 million against INR 888.485 million a year ago. Net profit attributable to shareholders of the company was INR 773.769 million or INR 7.40 per basic and diluted share against INR 624.084 million or INR 5.97 per basic and diluted share a year ago.
For the third quarter, on standalone basis, the company reported income from operations of INR 409.605 million against INR 319.351 million a year ago. Total income was INR 454.098 million against INR 397.350 million a year ago. Profit before tax was INR 264.383 million against INR 229.428 million a year ago. Net profit for the period was INR 182.796 million or INR 1.75 per basic and diluted share against INR 162.086 million or INR 1.55 per basic and diluted share a year ago.
For the nine months, on standalone basis, the company reported income from operations of INR 1,122.376 million against INR 904.025 million a year ago. Total income was INR 1,300.226 million against INR 1,159.441 million a year ago. Profit before tax was INR 784.884 million against INR 704.934 million a year ago. Net profit for the period was INR 580.930 million or INR 5.56 per basic and diluted share against INR 496.796 million or INR 4.75 per basic and diluted share a year ago.
Central Depository Services (India) Limited is an India-based company, which is engaged in providing depository services, data processing services, and others. The Company operates through three segments: Depository Segment, Data Entry and Storage, and Repository. Depository Segment includes providing various services to the investors like dematerialization, rematerialization, holding, transfer and pledge of securities in electronic form and providing e-voting services to companies. Data Entry and Storage segment relates to Centralized record keeping of Know Your Customer (KYC) documents of capital market investors. Repository segment provides policyholders/warehouse receipts holder a facility to keep insurance policies/ warehouse receipts in electronic form and to undertake changes, modifications and revisions in the policy/receipt. It also offers e-Locker, Myeasi Mobile App, M-Voting, e-Voting, SMART, and electronic access to securities information & execution of secure transactions.
Central Depository Services Limited Reports Audited Consolidated and Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2017