NSE Q4 net profit jumps 20% to Rs 2,488 crore

NSE Q4 net profit jumps 20% to Rs 2,488 crore
Representative photo
MUMBAI: NSE, the largest stock exchange in India in terms of turnover, on Friday said it earned a consolidated net profit of Rs 2,488 crore during the quarter ended March 2024 — up 20% from a year ago period. Its net profit margin was a staggering 49%.
NSE also reported a consolidated revenue of Rs 4,625 crore for Q4 FY24, up 34%. Apart from trading revenue, its revenue from operations was also supported by other inflows including data centre & connectivity charges, and clearing, listing, index and data services, NSE said in a release.

The bourse also announced a 4:1 bonus.
End of Article
FOLLOW US ON SOCIAL MEDIA