Q1FY25 Results: NSE’s consolidated operating revenue up by 51 per cent YoY at Rs 4,510 crore!
NSE posted net profit of Rs 2,567 crore on a consolidated basis for Q1 FY25, up by 39 per cent on a year-on-year basis.
NSE, India’s leading exchange, reported consolidated revenue from operations at Rs 4,510 crore for Q1 FY25, up by 51 per cent on a year-on-year basis. Apart from trading revenue, the revenue from operations was also supported by other revenue lines which mainly includes data centre & connectivity charges, clearing services, listing services, index services and data services.
NSE posted net profit of Rs 2,567 crore on a consolidated basis for Q1 FY25, up by 39 per cent on a year-on-year basis. The net profit margins for Q1 FY25 stood at 52 per cent. On a consolidated basis, earnings per share increased to Rs 51.86 in Q1 FY25 from Rs 37.26 in Q1 FY24.
On the trading volumes front, cash markets recorded an average daily traded volumes (ADTVs) of Rs1,22,872 crore (up 110 per cent YoY) while the equity futures reached an ADTV of Rs 2,09,279 crore (up 101 per cent YoY) and equity options (premium value) ADTVs stood at Rs 71,957 crore (up 33 per cent YoY) for Q1 FY25.
NSE on a standalone basis reported total operating income of Rs 4,051 crore for Q1 FY25, showing a growth of 43 per cent on a year-on-year basis which was Rs 2,833 crore for the corresponding quarter last year.
NSE during the quarter on a standalone basis incurred total expenses of Rs 1,762 crore for Q1 FY25. Almost 49 per cent of these expenses amounting to Rs 862 crore, are towards SEBI Regulatory Fees, additional contribution to Core SGF as advised by SEBI and Contribution to IPFT.
NSE in the Q1 FY25 has made provision for additional contribution of Rs 587 crore to augment the Core Settlement Guarantee Fund corpus from current level to Rs 10,500 crore as advised by SEBI.
DSIJ's 'Large Rhino' service recommends blue chip stocks of Large Cap companies that have leadership positions in their category. If this interests you, do download the service details here.
The corpus of core SGF post the above contribution will be at Rs 9,726 crore. At the operating EBITDA level NSE, on a standalone basis, posted an EBITDA margin of 59 per cent for Q1 FY25 compared to 69 per cent in the corresponding quarter last year. NSE reported standalone net profit of Rs 1,960 crore for Q1 FY25 which was Rs1,598 crore for the corresponding quarter last year.
The net standalone profit margin stood at 45 per cent. NSE Contributed Rs14,003 crore to the exchequer for Q1 FY25 of which STT/CTT comprised of Rs12,054 crore, Income tax of Rs 236 crore, Stamp duty of Rs1,018 crore, GST of Rs 362 crore and SEBI charges of Rs 333 crore.
Out of the STT of Rs12,054 crores 63 per cent is from cash market segment and 37 per cent is from equity derivatives segment.
Disclaimer: The article is for informational purposes only and not investment advice.