NSE Q4 results: Profit improvement 20% to Rs 2,488 Crore

The National Stock Exchange (NSE) on Friday reported :  20% year-on-year rise in consolidated net profit at Rs 2,488 Crore for the three months ending March 2024.

NSE said in a statement that consolidated operating revenue in the January-March quarter of financial year 2023-24 stood at Rs 4,625 Crore, showing a growth of 34% year-on-year.

Apart from trading, the exchange said the total profit was also supported by other revenue lines as well as listing, index services, data services and co-location facility. The NSE board has optional a dividend of Rs 90 per share (pre-bonus) for the financial year ending 2023-24, which equates to a payout of Rs 4,455 Crore.

Also, the board has recommended issuing 4 bonus shares for every existing 1 share. This increase in the authorized share capital is subject to necessary approvals from shareholders and regulators.

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