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NSDL, India's second-largest depository, reports significant profit and income growth, plans reduced IPO.
NSDL, India's second-largest depository, saw a 4.77% rise in net profit to ₹83.3 crore for the quarter ending March 2025, with total income up 9.94% to ₹394 crore.
For the fiscal year 2024-25, net profit surged 24.57% to ₹343 crore, and total income grew 12.41% to ₹1,535 crore.
NSDL plans to go public by July, after reducing its IPO size to 5.01 crore shares.
The IPO will involve key stakeholders like NSE, SBI, and HDFC Bank selling their shares, with NSDL not receiving any proceeds.
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NSDL, el segundo depósito más grande de la India, informa un crecimiento significativo de ganancias e ingresos, planea reducir la IPO.