News around you

NSE reports 8% increase in net profit to Rs 1,975 crore

The exchange’s consolidated income from operations stood at Rs 3,517 crore for the quarter, a surge of 25% year-on-year, NSE said in a statement.

Screenshot 2024 02 12 030934NEW DELHI: The National Stock Exchange (NSE) on Saturday reported an 8% jump in consolidated net profit to Rs 1,975 crore for the third quarter of the current financial year.

The exchange’s consolidated income from operations stood at Rs 3,517 crore for the quarter, a surge of 25% year-on-year, NSE said in a statement. Apart from trading, total revenue was also supported by other revenue lines, including listing, index services, data services and co-location facility, the exchange added.

During the first nine months of FY24, NSE contributed Rs 28,131 crore to the exchequer, which comprised STT (Securities Transaction Tax) of Rs 23,137 crore, income tax (Rs 1,490 crore), stamp duty (Rs 1,456 crore), GST (Rs 1,257 crore) and Sebi charges (Rs 791 crore).

On trading volumes front, cash markets recorded an average daily traded volumes (ADTVs) of Rs 80,512 crore, a growth of 50% YoY.

You might also like
Leave A Reply

Your email address will not be published.