National Securities Depository (NSDL) on August 12 reported a net profit of Rs 89.63 crore for the first quarter of the financial year 2026. This marks a rise of more than 15 percent on-year from the Rs 77.82 crore reported by the newly-listed company for the same quarter last year.
The firm's revenue from operations however dropped 7.5 percent on-year to Rs 312 crore in Q1 FY26. Its revenue from operations stood at Rs 337 crore in Q1 FY25. NSDL's earnings per share (EPS) meanwhile improved to Rs 4.48 apiece in the quarter under review.
While the firm saw the rise in its bottom line, its expenses dropped more than 14 percent on-year to Rs 228 crore in April-June quarter of the ongoing financial year.
The earnings were announced in the post market hours of August 12. The shares of the company closed over 1 percent higher at Rs 1,289 apiece during the day.
The shares of NSDL had made a decent stock market debut on August 6, listing at 10 percent premium to IPO price at Rs 880 apiece on BSE. Analysts had advised investors to consider holding the stock for the long term, given NSDL’s strong fundamentals and leadership in the depository segment. The Rs 4,000-crore IPO had turned out to be a multi-bagger for some of India’s top financial institutions.
The shares of the company rallied as much as 62 percent from its listing price, and over 78 percent from its IPO price during the sharp rally, to hit an all time high level. The stock has now pared some gains, and is currently 46.5 percent higher than its listing price.
Also read: Our LIVE blog on Q1 earnings
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