nse q3 fy24 revenue: NSE Q3 results: Revenue up 25%, profit up 8% to Rs 1,975 crore.

India’s largest stock exchange NSE on Saturday reported consolidated operating revenue of ₹351.7 billion for the quarter ended December, up 25% year-on-year, and net profit at ₹197.5 billion, up 8% year-on-year.

NSE said its quarterly net profit margin was 51%. In addition to trading revenue, operating revenue was primarily supported by other revenue lines, including data center and connectivity fees, clearing services, listing services, index services, and data services.

On a consolidated basis, earnings per share (EPS) increased from Rs 36.90 in Q3-2023 to Rs 39.90 in Q3-24.

In terms of trading volume, the average daily trading volume (ADTV) of the spot market was recorded at Rs 80,512 crore (+50% YoY), while the ADTV of equity futures was recorded at Rs 1,31,010 crore (+18% YoY). Premium Value) ADTV recorded Rs 56,707 crore (up 28% YoY) in Q3 FY24.

Accordingly, in the third quarter of 2024, total trading volume in the cash stocks and equity derivatives sector increased by 29% compared to the same period last year, while total trading fees increased by only 18% compared to the same period last year. This is mainly due to the rollback of increased trading fees from April 1, 2023, the stock exchange said.

NSE reported total operating profit of Rs 317 billion in the third quarter of FY24, up 21 per cent on-year compared to Rs 262.9 billion in the corresponding quarter last year.
During the quarter, NSE incurred a total expenditure of Rs 1,620 crore on a standalone basis in Q3 2024. Nearly 50 per cent of these expenses, amounting to Rs 810 crore, are for SEBI regulatory fees, SEBI’s desired additional contribution to Core SGF and contribution to IPFT.

In nine months of FY24, NSE contributed an additional Rs 1,167 crore to increase the core settlement coverage fund size from the current approximately Rs 5,000 crore to Rs 10,000 crore as desired by SEBI.

At the operating EBITDA level, NSE independently recorded an EBITDA margin of 52% in Q3 FY24, compared to 73% in the corresponding quarter last year.

NSE is an unlisted company, but its stocks are popular in the unlisted market.

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