The (NSE) reported a 19 per cent quarter-on-quarter rise in consolidated net profit for the March quarter of FY26 at ₹2,871 crore, supported by robust trading activity in the equity and derivatives segments.
Total income for the quarter increased 22 per cent sequentially to ₹5,360 crore from ₹4,395 crore, while revenue from operations rose 27 per cent to ₹4,968 crore. The growth was primarily driven by transaction charges, which surged 34 per cent quarter-on-quarter to ₹4,077 crore on the back of higher volumes.
Market activity remained strong during the quarter, with the average daily traded value (ADTV) in the cash market rising 21 per cent sequentially to ₹1,19,617 crore. In the derivatives segment, equity futures ADTV grew 17 per cent to ₹1,77,891 crore, while equity options premium turnover jumped 43 per cent to ₹76,375 crore.
Operating performance remained healthy, with EBITDA rising 27 per cent sequentially to ₹3,633 crore. The EBITDA margin was largely stable at 73 per cent. Adjusting for one-off items such as settlement-related provisions and the impact of new labour codes, normalised profit before tax increased 20 per cent quarter-on-quarter to ₹3,990 crore.
However, expenses during the quarter rose 20 per cent to ₹1,486 crore, due largely to higher provisions. This included ₹223 crore towards corporate social responsibility (CSR) obligations, compared with ₹5 crore in the previous quarter, and ₹84 crore towards settlement applications related to co-location and dark fibre matters.
The exchange has submitted revised settlement terms to the Securities and Exchange Board of India (SEBI), involving a cumulative pay-out of ₹1,491.21 crore. These applications are currently awaiting regulatory approval.
For the full year FY26, NSE reported consolidated total income of ₹18,713 crore, slightly lower than ₹19,177 crore in FY25. Net profit for the year stood at ₹10,302 crore, down from ₹12,188 crore a year ago.
The board has recommended a final dividend of ₹35 per equity share for FY26, including a special dividend of ₹10 per share, subject to shareholder approval.
NSE’s contribution to the exchequer during FY26 stood at ₹59,186 crore, comprising securities transaction tax, income tax, GST, stamp duty and regulatory fees.