• IPO-bound NSE reports record profit in Q3FY22

    6 February

Ahead of its IPO, the National Stock Exchange (NSE) has reported record profit growth and revenues. NSE’s net profit jumped by more than five times on a consolidated basis in the December (2021) quarter to ₹1,348 crore compared to ₹208 crore reported during the same quarter in 2020. NSE’s consolidated net profit for nine months (up to December 2021) of the current financial year (FY) stood at ₹3,618 crore compared to the last full financial year (FY) profit of ₹3,600 crore.

For the nine months of the current FY ended December 2021, NSE reported consolidated net revenues of ₹6,084 crore. For the December 2021 quarter, the NSE’s revenues doubled to ₹2,367 crore from ₹1,411 crore reported during the same quarter of the year 2020.