Comments
The National Stock Exchange (NSE) on Saturday reported an 8 per cent rise in consolidated net profit to ₹1,975 crore for three months ended December 2023.
The consolidated income from operations stood at ₹3,517 crore for the October-December quarter of the current financial year (2023-24), a surge of 25 per cent year-on-year, NSE said in a statement.
Apart from trading, the total revenue was also supported by other revenue lines, including listing, index services, data services and co-location facilities, the exchange added.
During the first nine months of FY24, NSE contributed ₹28,131 crore to the exchequer, which comprised STT (Securities Transaction Tax) of ₹23,137 crore, Income tax (₹1,490 crore), Stamp duty (₹1,456 crore), GST (₹1,257 crore) and SEBI charges (₹791 crore).
On the trading volumes front, cash markets recorded an average daily traded volumes (ADTVs) of ₹80,512 crore, a growth of 50 per cent on a year-on-year (y-o-y) basis, equity futures reached an ADTV of ₹1,31,010 crore, up 18 per cent and equity options ADTVs stood at ₹56,707 crore, up 28 per cent.
On a standalone basis, NSE posted a net profit of ₹1,377 crore for the third quarter under review compared to ₹1,568 crore in the corresponding quarter of the preceding year.
Its total operating income surged 21 per cent to ₹3,170 crore for the December quarter from ₹2,629 crore in the year-ago period.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.