The National Stock Exchange of India (NSE) reported a near 23% rise in second-quarter profit on Tuesday, boosted by its trading segment.
The exchange posted a consolidated profit of Rs 2,578 crore for the quarter ended September 30, up from Rs 2,098 crore a year earlier. Its total income rose 9% for the September quarter to Rs 4,554 crore, up from Rs 4,160 crore reported in Q2FY26.
For the H1FY27 period, the consolidated total income increased by 9% YoY to Rs 9,807 crore as against Rs 8,959 crore for H1FY26
The consolidated revenue from transaction charges for Q2FY27 increased by 9% to Rs 3,035 crore as against Rs 2,789 crore for Q2FY26; driven by higher volumes in cash markets and equity options segments.
The cash market trading segment in Q2FY27 recorded an Average Daily Traded Volume (ADTV) of Rs 1.18 lakh crore, up by 24% YoY. The ADTV for equity options (premium value) increased by 3% YoY to Rs 47,977 crore, while ADTV for equity futures segment in Q2FY27 stood at Rs 1.25 lakh crore.
Revenue from data connectivity charges stood at Rs 267 crore; revenue from operating investment income increased by 9% YoY to Rs 237 crore, from Rs 217 crore in Q2FY26; revenue from data feed and terminal services increased by 43% YoY to Rs 165 crore, from Rs 115 crore in Q2FY26; and revenue from listing services increased by 70% YoY to Rs 150 crore, from Rs 88 crore in Q2FY26.
On a consolidated basis, total expenditure for Q2FY27 reduced by 51% YoY to Rs 1,161 crore as against Rs 2,354 crore for Q2FY26.
During the corresponding quarter of previous fiscal year, NSE had recognised a provision of Rs 1,297 crore, towards the SEBI settlement fees related to colocation and dark fibre matters. On a consolidated basis, operating EBITDA for Q2FY27 increased by 107% YoY to Rs 3,079 crore with EBITDA margin at 76%.
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