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  3. NSE reports 8% increase in net profit to Rs 1,975 crore

NSE reports 8% increase in net profit to Rs 1,975 crore

11 Feb 2024

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Key Takeaways

  • Solid Performance:

    • NSE's Q3 FY24 showcases solid financial performance, emphasizing an 8% net profit increase and a 25% YoY surge in consolidated income.

  • Financial Contribution:

    • Diverse revenue streams and significant contributions to the exchequer highlight NSE's pivotal role and financial strength in the market.

  • Solid Performance:

    • NSE's Q3 FY24 showcases solid financial performance, emphasizing an 8% net profit increase and a 25% YoY surge in consolidated income.

  • Financial Contribution:

    • Diverse revenue streams and significant contributions to the exchequer highlight NSE's pivotal role and financial strength in the market.

NSE limited unlisted shares

National Stock Exchange (NSE)

DRHP filed0.00%

Expert Analysis

National Stock Exchange (NSE) Reports Robust Q3 FY24 Results: 8% Jump in Net Profit, 25% YoY Surge in Consolidated Income.

Expert Analysis:

  • Financial Strength:

    • NSE reports an 8% jump in Q3 FY24 net profit, reaching Rs 1,975 crore.

  • Robust Income:

    • Consolidated income surges by 25% YoY to Rs 3,517 crore, driven by diverse revenue lines.

  • Diverse Revenue Sources:

    • Apart from trading, listing, index services, data services, and co-location, they contribute to total revenue.

  • Exchequer Contribution:

    • NSE contributes Rs 28,131 crore to the exchequer during the first nine months of FY24.

Publisher:The New Indian Express