NSE’s September quarter operating revenue rose 24% YoY to Rs 4,510 crore. Apart from trading revenue, the revenue from operations was also supported by other revenue lines which mainly includes clearing services, data centre & connectivity charges, listing services, index services and data services.
The net profit margin for Q2 FY25 stood at 62%.
NSE said its total expenses during the quarter fell 8% YoY to Rs 1,303 crore on account of Sebi settlement fees (Rs 670 crore), regulatory fees (Rs 58 crore) and was also partially offset by reduction in additional contribution to core SGF.
On a consolidated basis, earnings per share (non-annualised) increased to Rs 12.68 in Q2 FY25 from Rs 8.08 in Q2 FY24, after considering the issuance of bonus equity shares in the ratio of 4:1.
On the trading volumes front, cash markets recorded an average daily traded volumes (ADTVs) of Rs 1,29,194 crores (up by 66% YoY) while the equity futures reached an ADTV of Rs 2,01,547 crores (up by 64% YoY) and equity options (premium value) ADTVs stood at Rs 65,648 crores (up by 8% YoY) for Q2 FY25. NSE contributed Rs 30,130 crores to the exchequer in H1 FY25 which comprised STT/CTT of Rs 24,755 crores, stamp duty of Rs 2,099 crores, SEBI fees of Rs 1,333 crores, income tax of Rs 1,119 crores and GST of Rs 824 crores. Out of the STT/CTT of Rs 24,755 crores, 64% is from cash market segment and 36% is from equity derivatives segment.Unlike its counterpart BSE, NSE isn’t listed on stock exchanges but has plans to refile for a no-objection certificate (NOC) from Sebi to proceed with its Rs 30,000 crore IPO.
The size of the IPO is expected to be ₹30,000 crore if the exchange decides to sell 10% of its equity in the issue. Some of the major shareholders in NSE include LIC (7.2%), Stock Holding Corporation (4.44%), SBI Capital Markets (4.33%), State Bank of India (3.23%), and Temasek Holdings (5%).
