NSE posts 23% profit rise in Q2 FY27 as revenue climbs 9%

The National Stock Exchange of India (NSE) announced a 23% year-on-year rise in consolidated profit after tax to Rs 2,578 crore for the second quarter of FY27, up from Rs 2,098 crore in the same period last year. Consolidated revenue from transaction charges grew 9% to Rs 3,035 crore, reflecting stronger cash-market trading and equity-options activity.

Average daily traded volume in the cash market reached Rs 1,18,377 crore, a 24% increase YoY, while equity-options premium value rose 3% to Rs 47,977 crore. Revenue from data feed and terminal services jumped 43% YoY to Rs 165 crore, and listing services revenue rose 70% to Rs 150 crore.

Total expenditure fell 51% YoY to Rs 1,161 crore, after a large provision for SEBI settlement fees in the prior year. Consolidated operating EBITDA more than doubled to Rs 3,079 crore, giving a margin of 76%, and earnings per share increased to Rs 10.41.

On a standalone basis, profit after tax grew 16% to Rs 2,164 crore, with a PAT margin of 55%. For the first half of FY27, consolidated net profit rose 13% YoY to Rs 5,698 crore, and the exchange’s contribution to the exchequer amounted to Rs 41,234 crore.

The board approved a potential divestment of up to 40% of its wholly-owned subsidiary, National Coal Exchange of India Limited, to be executed through a secondary share sale.

"Q2FY27 was a momentous quarter for us as we successfully completed the listing of one of the world's largest and most technologically advanced market infrastructure institutions," said Ashishkumar Chauhan, Managing Director and CEO of NSE. "During the quarter, NSE facilitated India's first-ever tokenised bond issuances aggregating Rs 1,000 crore, marking a significant milestone in the evolution of digital bond market infrastructure."

NSE shares closed slightly higher on the day of the results, trading around 1% above the IPO issue price.