National Stock Exchange Ltd (NSE), which is preparing for an initial public offering (IPO), announced a strong financial performance for the September quarter, reporting a 57% increase in consolidated net profit to Rs 3,137 crore.
The stock exchange’s consolidated total income rose by 25% year-on-year, reaching Rs 5,023 crore. “Revenue growth came not only from trading but was also supported by contributions from clearing services, data center and connectivity charges, listing services, index services, and data services,” NSE highlighted in its November 4 statement.
NSE’s contribution to the exchequer stood at Rs 30,130 crore in the first half of FY25. Of this, securities and commodities transaction taxes-STT and CTT-accounted for Rs 24,755 crore, followed by stamp duty at Rs 2,099 crore, SEBI fees at Rs 1,333 crore, income tax at Rs 1,119 crore, and GST at Rs 824 crore. It further reported that as much as 64 per cent of the STT/CTT came from the cash market, while the remaining 36 per cent were from the equity derivatives segment.
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Source: Moneycontrol
News Desk
