Mumbai: The National Stock Exchange (NSE) reported a 39 percentyear-on-year increase in consolidated net profit, reaching Rs 2,567crore for the quarter ending June 2024.
The exchange saw a 51 percent year-on-year rise in consolidatedrevenue from operations, totalling Rs 4,510 crore for the April-Juneperiod of FY25.
For Q1 FY25, NSE contributed Rs 14,003 crore to the exchequer. Thisamount included Rs 12,054 crore from STT/CTT (Commodities TransactionTax), Rs 1,018 crore from stamp duty, Rs 362 crore from GST, Rs 333crore in Sebi charges, and Rs 236 crore in income tax.
The growth in revenue was supported by trading revenue and revenuefrom other segments which mainly includes data centre and connectivity
charges, clearing services, listing services, index services and dataservices, NSE said in a statement.
Out of the STT (Securitites Transaction Tax) of Rs 12,054 crore, 63percent is from the cash market segment and the remaining 37 percentis from the equity derivatives segment, NSE said.
In the first quarter of FY25, the NSE has made a provision for anadditional contribution of Rs 587 crore to increase the CoreSettlement Guarantee Fund (SGF) corpus to Rs 10,500 crore, as advised by SEBI.
After this contribution, the core SGF corpus will stand at Rs9,726 crore.
