Economy
NSE Reports 23% Profit Rise in First Post-IPO Earnings
Livemint2h
THE BRIEF
1
The National Stock Exchange reported a 23% year-on-year increase in consolidated net profit to ₹2,578 crore for the September quarter, supported by a 9% rise in transaction charge revenue to ₹3,035 crore.
2
Growth was driven by a 24% increase in cash market average daily traded volume to ₹1,18,377 crore and a 107% surge in operating EBITDA to ₹3,079 crore.
3
During the first half of FY27, NSE contributed ₹41,234 crore to the exchequer, while its stock trades just 1.1% above its initial public offering price.