NSE reports consolidated profit of ₹ 2,650 crores in Q4FY25

NSE, India's leading exchange, reported a consolidated total income of ₹ 4,397 crore for Q4FY25, as against ₹ 4,807 crores for Q3FY25 and ₹ 5,080 crores for the corresponding quarter of last year.

The consolidated revenue from transaction charges for Q4FY25 was ₹ 2,939 crores, a sequential decline of 15% QoQ due to a reduction in volumes across cash market and derivatives segment.

On a consolidated basis, total expenditure for Q4FY25 increased by 4% QoQ to ₹ 1,124 crores.

On a consolidated basis, the operating EBITDA decreased by 18% QoQ to ₹ 2,799 crores. Excluding the gains from sale of investment in subsidiaries / associates, the normalized consolidated profit before tax for Q4FY25 declined by 12% QoQ to ₹ 3,299 crores.

Net profit decreased by 31% QoQ to ₹ 2,650 crores for Q4FY25 from ₹ 3,834 crores for Q3FY25. Earnings per share (on non-annualized basis) for Q4FY25 was ₹ 10.71 as compared to ₹ 15.49 for Q3FY25.

For the financial year ended March 31, 2025, the consolidated total income increased by 17% YoY to ₹ 19,177 crores. The consolidated operating EBITDA for FY25 increased by 28% YoY to ₹ 12,647 crores.

Excluding the gains from sale of investment in subsidiaries / associates, impact of SEBI settlement fees and contribution to core Settlement Guarantee Fund (SGF), the normalized consolidated profit before tax for FY25 increased by 17% YoY to ₹ 14,895 crores.

Net profit for FY25, on a consolidated basis, increased by 47% YoY to ₹ 12,188 crores. Earnings per share for FY25 increased to ₹ 49.24 from ₹ 33.56 for FY24, after considering the issuance of bonus equity shares in the ratio of 4:1.

On a standalone basis, NSE's total income for Q4FY25 stood at ₹ 5,860 crores as compared to ₹ 4,289 crores for Q3FY25 and ₹ 4,468 crores for the corresponding quarter of last fiscal year. The revenue from operations for Q4FY25 stood at ₹ 3,395 crores, a sequential decline of 14% QoQ, due to a reduction in trading volumes across the cash market and derivatives segment.

In Q4FY25, the cash market trading segment recorded an average daily traded volume (ADTVs) of ₹ 95,488 crores (decline of 8% QoQ). The ADTV for equity futures segment in Q4FY25 stood at ₹ 1,60,709 crores (decline of 6% QoQ); while the ADTV for equity options (premium value) stood at ₹ 50,935 crores (decline of 17% QoQ).

On a standalone basis, the operating EBITDA fell by 13% QoQ to ₹ 2,444 crores for Q4FY25 from ₹ 2,807 crores for Q3FY25. The normalized standalone profit before tax for Q4FY25, excluding the subsidiary dividend, declined 8% QoQ to ₹ 2,810 crores.

Net profit for Q4FY25 was ₹ 4,040 crores as compared to ₹ 2,291 crores for Q3FY25; net profit margin was 69% in Q4FY25.

For the FY25 period, the standalone total income increased by 33% YoY to ₹ 19,823 crores, of which operating revenue was ₹ 15,433 crores. Operating EBITDA increased by 33% YoY to ₹ 10,243 crores during the same period. The normalized standalone profit before tax for FY25, excluding the subsidiary dividend, SEBI settlement fees and contribution to core SGF, increased 19% YoY to ₹ 12,012 crores.

The standalone net profit during FY25 increased by 69% YoY to ₹ 11,246 crores.

The Board of Directors of NSE in their meeting held on May 6, 2025, have recommended a final dividend of ₹ 35 per equity share of ₹ 1 each (3500%) for the year ended March 31, 2025, subject to approval of the shareholders at the ensuing Annual General Meeting. This includes a special one-time dividend of ₹ 11.46 per equity share.

In the FY25 period, NSE's contribution to the exchequer was ₹ 59,798 crores which comprised STT/CTT of ₹ 48,439 crores, stamp duty of ₹ 3,772 crores, SEBI fees of ₹ 1,804 crores, income tax of ₹ 3,831 crores and GST of ₹ 1952 crores. Out of the STT/CTT of ₹ 48,439 crores, 58% is from the cash market segment and 42% is from the equity derivatives segment.

Source : Equity Bulls

Keywords

NSE Q4FY25 FY2025 ResultUpdate