NSE India Q4 results: Net profit up 31% year-on-year to ₹2,067 crore; declares dividendPersonal FinanceNSE India Q4 results: Net profit up 31% year-on-year to ₹2,067 crore; declares dividend

NSE India Q4 results: Net profit up 31% year-on-year to ₹2,067 crore; declares dividend


The National Stock Exchange (NSE) reported on Monday that its consolidated net profit for the three months ending in March increased by 31% to 2,067 crore.

In contrast, the exchange reported a net profit of 1,580 crore during the same time last year, according to a statement from NSE.

For the fourth quarter of the previous fiscal, the combined income from operations was 3,453 crore, up 31% over the corresponding period in the prior year.

Apart from trading, the total revenue was also supported by other revenue lines, including listing, index services, data services and co-location facility, the exchange said.

Additionally, the NSE board has recommended an FY23 dividend of 80 per share.The shareholders would need to approve the final dividend.

NSE made a contribution of 203.45 crore to the Core Settlement Guarantee Fund (CSGF) during the quarter under review.The Core SGF’s objective is to make sure that, in the event that a clearing member does not fulfil the settlement duties, there will always be enough money easily and unconditionally available to fulfil a clearing corporation’s settlement obligations.

“The total Core Settlement Guarantee Fund stands at 5,284 crore,” the bourse said.

The bourse’s net profit for 2022–23 climbed to 7,356 crore from 5,198 crore in the same period the previous year.

In addition, income from operations increased to 11,856 crore in FY23 from 8,313 crore in FY22.

NSE reported that in 2022–2023 it made a contribution to the exchequer of 28,989 crore, of which STT (Securities Transaction Tax) made up 21,965 crore, Stamp Duty made up 1,987 crore, GST made up 1,655 crore, Income Tax made up 2,687 crore, and Sebi fee made up 695 crore.

According to the exchange, NSE has contributed a total of 98,268 crore over the past five years to the national exchequer and Securities and Exchange Board of India (SEBI).


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