The National Stock Exchange (NSE) reported a significant 47% year-on-year increase in consolidated net profit, reaching ₹12,188 crore for the financial year ending on March 31, 2025. This growth was a remarkable achievement for the exchange, showcasing its financial strength and stability in the market.
Despite a slight decline in earnings during the fourth quarter, with net profit falling to ₹2,650 crore, the board of NSE recommended a final dividend of ₹35 per equity share, inclusive of a special one-time payout of ₹11.46 per share, pending shareholder approval. This move highlights the exchange’s commitment to rewarding its shareholders and maintaining investor confidence.
For the entire fiscal year, the consolidated total income surged by 17% year-on-year to ₹19,177 crore, reflecting the NSE’s robust performance and market position. The operating EBITDA also witnessed a significant growth of 28%, amounting to ₹12,647 crore, indicating operational efficiency and strategic financial management.
On a standalone basis, the net profit for the year showed a remarkable 69% increase year-on-year, reaching ₹11,246 crore. This impressive growth was supported by a 33% rise in standalone total income, totaling ₹19,823 crore. The standalone operating EBITDA also saw a substantial increase of 33% compared to the previous year, amounting to ₹10,243 crore.
However, the fourth quarter experienced a slight slowdown, with consolidated revenue from transaction charges declining by 15% quarter-on-quarter to ₹2,939 crore, primarily due to reduced volumes across cash and derivatives segments. The operating EBITDA also declined by 18% sequentially to ₹2,799 crore, indicating a temporary setback in the market performance.
Trading volumes witnessed a decline during the quarter, with the average daily traded value in the cash segment falling by 8% quarter-on-quarter to ₹95,488 crore. Similarly, the equity futures and options average daily traded values also decreased by 6% and 17%, respectively, compared to the previous quarter, reflecting market fluctuations and investor sentiment.
For the fiscal year 2025, NSE contributed significantly to the exchequer, amounting to ₹59,798 crore through STT/CTT, stamp duty, SEBI fees, income tax, and GST. Notably, STT/CTT alone accounted for ₹48,439 crore, with a significant portion derived from the cash segment, emphasizing the exchange’s substantial contribution to the financial ecosystem.
Looking ahead, the NSE’s strong financial performance and strategic initiatives position it favorably in the market, ensuring sustainable growth and value creation for its stakeholders. The exchange’s commitment to innovation and investor trust will continue to drive its success and leadership in the Indian financial landscape.