NSE India Q4 results: Net profit up 31% year-on-year; declares dividend

In contrast, the exchange reported a net profit of ₹1,580 crore during the same time last year, according to a statement from NSE.

For the fourth quarter of the previous fiscal, the combined income from operations was ₹3,453 crore, up 31% over the corresponding period in the prior year.

Apart from trading, the total revenue was also supported by other revenue lines, including listing, index services, data services and co-location facility, the exchange said.

Additionally, the NSE board has recommended an FY23 dividend of ₹80 per share.The shareholders would need to approve the final dividend.

NSE made a contribution of ₹203.45 crore to the Core Settlement Guarantee Fund (CSGF) during the quarter under review.The Core SGF’s objective is to make sure that, in the event that a clearing member does not fulfil the settlement duties, there will always be enough money easily and unconditionally available to fulfil a clearing corporation’s settlement obligations.

“The total Core Settlement Guarantee Fund stands at ₹5,284 crore,” the bourse said.

The bourse’s net profit for 2022–23 climbed to ₹7,356 crore from ₹5,198 crore in the same period the previous year.

In addition, income from operations increased to ₹11,856 crore in FY23 from ₹8,313 crore in FY22.

NSE reported that in 2022–2023 it made a contribution to the exchequer of ₹28,989 crore, of which STT (Securities Transaction Tax) made up ₹21,965 crore, Stamp Duty made up ₹1,987 crore, GST made up ₹1,655 crore, Income Tax made up ₹2,687 crore, and Sebi fee made up ₹695 crore.

According to the exchange, NSE has contributed a total of ₹98,268 crore over the past five years to the national exchequer and Securities and Exchange Board of India (SEBI).