NSE Q3 net profit rises 8% pc to ₹Rs 1,975 crore.

The National Stock Exchange (NSE) has demonstrated remarkable performance, recording an 8% year-on-year increase in its net profit for the December quarter, totalling Rs 1,975 crore. Consolidated revenue from operations also experienced significant growth, rising by 25% year-on-year to Rs 3,517 crores for Q3. This surge in revenue can be attributed not only to trading revenue but also to other contributing factors such as data centre and connectivity charges, clearing services, listing services, index services, and data services. Notably, the net profit margins for Q3 FY24 stood impressively at 51%

The cash market witnessed a substantial uptick, with a 50% increase in average daily traded volumes (ADTVs) during Q3, reaching Rs 80,512 crore. Equity futures also demonstrated growth, experiencing an 18% rise, with an ADTV of Rs 1,31,010 crore. Similarly, equity options, in terms of premium value, saw a noteworthy increase, with an ADTV of Rs 56,707 crore, reflecting a 28% uptrend. Overall, the combined volumes for the cash equity and equity derivatives segments experienced robust growth of around 29% year-on-year during Q3 FY24. However, despite the strong surge in trading activity, total transaction charges only rose by approximately 18% year-on-year. This anomaly was primarily attributed to the reversal of increased transaction charges that came into effect on April 1, 2023.

NSE Q3 का शुद्ध लाभ 8% बढ़कर ₹1,975 करोड़ हो गया।