NSE net down 33% on one-time provision

The exchange is gearing up for a mega initial public offering after SEBI clears the long-pending co-location case
| Photo Credit:
ABEER KHAN

NSE, the country’s largest stock exchange reported 33 per cent fall in the September quarter net profit at ₹2,098 crore against ₹3,137 crore logged in the same period last year.

The net profit was down due to one-time provision of ₹1,297 crore towards the settlement applications filed with SEBI in the Co-location and Dark Fibre case, said the exchange in a statement on Tuesday.

However, SEBI is yet to revert on the above applications filed, it added.

The exchange is gearing up for a mega initial public offering after SEBI clears the long-pending co-location case.

Excluding the provision for SEBI settlement fees recognised in the quarter under review, the net profit was up 8 per cent at ₹3,396 crore (Rs 3,137 crore), said the exchange.

Revenue from operations was down 18 per cent at ₹3,677 crore (₹4,510 crore). Total Income dipped 17 per cent at ₹4,160 crore (₹5,023 crore).

Expenses, including SEBI provision, were up 81 per cent at ₹2,354 crore (₹1,303 crore).

EBITDA was down 56 per cent at ₹1,484 crore (₹3,344 crore).

The cash market trading segment recorded an average daily traded volume of ₹95,705 crore (down 12 per cent q-o-q).

The ADTV for equity futures segment also dropped 16 per cent q-on-q to ₹1,41,042 crore while the ADTV for equity options (premium value) stood at ₹46,442 crore (down 16 per cent q-o-q), said the exchange.

Published on November 4, 2025