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

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.