What was filed
CDSL's board met on 1 August 2026 and approved audited standalone and consolidated financial results for the quarter ended 30 June 2026. The statutory auditor, S.R. Batliboi & Co. LLP, gave an unmodified opinion on both sets of results.
The consolidated results cover CDSL and its subsidiaries — CDSL Ventures, Centrico Insurance Repository and Countrywide Commodity Repository — along with its associate, India International Bullion Holding IFSC. This is a routine quarterly reporting obligation under SEBI's listing rules, but the numbers show a divergence worth reading: at the consolidated level, the top line grew year-on-year while the bottom line contracted.
Revenue up, profit down
On a consolidated basis, revenue from operations rose against the June 2025 quarter, but consolidated net profit after tax came in lower than a year earlier. The gap reflects higher operating costs — employee, depreciation and computer-technology expenses all stepped up year-on-year, per the filing — combined with a lower share-of-profit contribution and tax effects.
The company operates its depository business as a single reportable segment at the standalone level. At the consolidated level, the filing breaks out three segments — Depository Activity, Data Entry and Storage, and Repository — with Depository Activity remaining by far the largest contributor to both revenue and segment results.
The filing also notes that standalone other income included dividend income received from a subsidiary this quarter, lower than in the year-ago quarter — a swing that weighs on the standalone comparison.
The Anugrah matter, still open
The filing repeats a standing disclosure: CDSL received an arbitral award in the matter of Anugrah Stock & Broking, a terminated depository participant, where the claimant alleged misutilisation of clients' securities and negligence by the company. CDSL challenged the award, and the matter is pending before the Bombay High Court. Management states it believes it has a good case on merits and has assessed that no provision is required in the books for this quarter.