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NSE profit after tax rises 22% in Q3, revenue falls

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Mumbai: The Nationwide Inventory Change (NSE) posted a consolidated revenue after tax of ₹3,834 crore for the December quarter, up 22% from ₹3,137 crore in July-September. Consolidated income from operations declined 4% to ₹4,349 crore from the earlier quarter, stated a launch.

The change stated that its consolidated income from transaction costs declined on account of a discount in volumes throughout the money market and derivatives section within the third quarter.

The money market buying and selling section recorded a median every day traded quantity (ADTVs) of ₹1,04,115 crore within the December quarter, down 19% from the earlier quarter. The ADTV for fairness futures section within the third quarter stood at ₹1,71,825 crore, down 15% from the September quarter whereas the ADTV for fairness choices (premium worth) stood at ₹61,295 crore, down 7%.

The consolidated revenue after tax went up 94% and consolidated income from operations elevated by 24% from the identical interval a 12 months in the past.



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