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News Topical, Digital Desk : National Securities Depository Limited (NSDL) has presented its first quarter results. According to the information sent to the market, the first quarter profit has seen a growth of 15 percent compared to last year, while the income has decreased by more than 7 percent on a year-on-year basis. The stock has closed with a gain of more than 1 percent on BSE today. The results have come after the market closed. The impact of the results can be seen on the stock in the next session.
How were the quarterly results?
The company's profit has increased from Rs 77.8 crore to Rs 89.6 crore compared to last year, which means it has seen a growth of more than 15 percent on a year-on-year basis. At the same time, the company's income has come down from Rs 337 crore to Rs 312 crore, which has seen a decrease of 7.4 percent on a year-on-year basis. The company's EBITDA has increased from Rs 80.8 crore to Rs 95.6 crore, which means it has seen a growth of 18.3 percent compared to last year. At the same time, the company's EBITDA margin has increased from 24 percent to 30.6 percent.
How was the stock performance? The stock of NSDL, included in the BSE IPO Index, closed at 1289 on Tuesday with a gain of more than one percent. The stock was listed in the market on August 6 this month. The issue price was 800, while the listing was done at 880. That is, the stock is trading 61 percent above its issue price.
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