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National Stock Exchange Posts 23 Percent Rise in Quarterly Profit in First Results After Listing

Reported by Kavya Rao (Senior Writer) · Livemint - Markets ·

Verified — Confirmed by a second source: Economic Times - Markets

Confirmed by a second source: Economic Times - Markets

Major
National Stock Exchange Posts 23 Percent Rise in Quarterly Profit in First Results After ListingPhoto: Wikimedia Commons

Strong Results

National Stock Exchange reported a net profit of 2,578 crore rupees for the September quarter of fiscal year 27, marking a 23 percent increase compared to the same period last year. Revenue from transaction charges grew 9 percent to reach 3,035 crore rupees. Operating earnings before interest, tax, depreciation, and amortization more than doubled, jumping 107 percent to 3,079 crore rupees with an operating margin of 76 percent.

Trading Volumes

The profit growth was driven by higher trading activity across multiple segments. Cash market daily traded volumes rose 24 percent to 118,377 crore rupees. Equity options premium values increased 3 percent to 47,977 crore rupees, while equity futures daily traded volumes stood at 124,574 crore rupees.

Leadership And Contributions

Managing Director and Chief Executive Officer Ashishkumar Chauhan said the quarter was a momentous period following the exchange's successful public listing. During the first half of the financial year, the exchange contributed 41,234 crore rupees to the government exchequer, which included 34,788 crore rupees from securities and commodity transaction taxes.

Stock Performance

The exchange made its market debut on September 24 at 1,800 rupees per share, which was a 0.8 percent premium over its issue price of 1,785 rupees. Although shares closed higher at 1,878 rupees on the first day, the stock faced slow momentum in later weeks and is currently trading just 1.1 percent above its issue price.

Context

A stock exchange functions as a marketplace where buyers and shares of publicly traded companies are matched for trading. Public listing allows a company to offer its own shares to the general public on the stock market for the first time, changing how it reports financial performance and interacts with shareholders.

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