NSE’s Q3 net profit increased by 55% to Rs.1,826 crore; Revenue increased by 35% to Rs. 3,263 crore

India’s National Stock Exchange (NSE) reported a 55 per cent jump in its consolidated net profit to Rs 1,826 crore for the quarter ended December 2022. Revenue increased by 35 per cent to Rs 3,263 crore driven by a healthy increase in transaction fees. In the nine months ended December 2022 (9 months FY23), consolidated profit increased by 56 per cent to Rs. 5,289 crore and revenue increased by 48 per cent to Rs. 9,451 crore. The stellar growth was despite the 20 percent annual decline in cash market volumes during the 9 months of FY23. However, the stock options sector recorded growth of almost 90 percent for the period under consideration. Treasury income was Rs 828 crore during 9 months of FY23.

Leave a Reply

Your email address will not be published. Required fields are marked *