More Stories

Informist, Wednesday, Aug 7, 2024

--NSE: Apr-Jun consol net profit 25.67 bln rupees, up 39% on year

--NSE: Apr-Jun consol revenue 45.10 bln rupees, up 51% on year

MUMBAI – The National Stock Exchange of India's consolidated net profit for the quarter ended June increased by 3.2% sequentially and 39% on year to 25.67 bln rupees, the exchange said in a press release today. The exchange's consolidated revenue from operations declined 2.5% on quarter and jumped by 51% on year to 45.10 bln rupees.

On a standalone basis, NSE's net profit in Apr-Jun was 19.60 bln rupees, while its revenue from operations was 40.51 bln rupees. The standalone operating margin, as denoted by the earnings before interest, tax, depreciation, and amortisation margin, was 59%.

The exchange said that 49% of the standalone expenses of 17.62 bln rupees in the June quarter were towards regulatory fees paid to the Securities and Exchange Board of India, additional contribution to core settlement guarantee fund, and contribution to investor protection fund trust. During the June quarter, NSE made additional contribution of 5.87 bln rupees to the core settlement guarantee fund to augment it to 97.26 bln rupees.

In Apr-Jun, NSE collected securities transaction tax of 120.54 bln rupees, of which 63% was from cash market segment and 37% from equity derivatives segment.  End

Reported by Rajesh Gajra

Edited by Deepshikha Bhardwaj

For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.

Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd by NSE Data & Analytics Ltd, a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt Ltd.

Informist Media Tel +91 (22) 6985-4000 /+91 (11) 4220-1000

Send comments to feedback@informistmedia.com

© Informist Media Pvt. Ltd. 2024. All rights reserved.