The National Stock Exchange (NSE) reported a consolidated total income of Rs 4,397 crore and a net profit of Rs 2,650 crore for the March quarter on Tuesday.
For the full financial year FY25, consolidated total income rose 17% year-on-year to Rs19,177 crore, while consolidated profit surged 47% to Rs12,188 crore.
The Board has recommended a dividend of Rs35 per share for FY25, subject to shareholder approval. Additionally, the exchange contributed Rs59,798 crore to the exchequer during the fiscal year.
Regarding the core Settlement Guarantee Fund (SGF), NSE stated that as of December 2024, the required corpus had reached the mandated level that must be maintained by NSE Clearing.
As a result, the company approved the discontinuation of the voluntary 2% contribution from transaction charges to the core SGF, effective January 1, 2025. For FY25, NSE recorded a total expense of Rs234 crore towards SGF contributions, which includes Rs 218 crore specifically allocated to NSE Clearing’s core SGF.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.
