The National Stock Exchange of India (NSE) reported a consolidated net profit of ₹2,871 crore for the March quarter of FY26, marking a 19 percent increase from the previous quarter, driven by strong trading activity in both equity and derivatives markets.
Total income for the quarter rose by 22 percent sequentially to ₹5,360 crore, up from ₹4,395 crore. Revenue from operations experienced a 27 percent growth, reaching ₹4,968 crore, primarily attributed to a 34 percent rise in transaction charges, which amounted to ₹4,077 crore, fueled by higher trading volumes.
Market activity remained robust during this quarter, with the average daily traded value (ADTV) in the cash market escalating by 21 percent to ₹1,19,617 crore. The derivatives segment also saw significant activity, with equity futures ADTV increasing by 17 percent to ₹1,77,891 crore and equity options premium turnover surging by 43 percent to ₹76,375 crore.
The exchange’s operating performance showed strength, with EBITDA rising 27 percent sequentially to ₹3,633 crore and an EBITDA margin that remained stable at 73 percent. After accounting for one-off items such as settlement-related provisions and adjustments for new labor codes, normalized profit before tax increased by 20 percent quarter-on-quarter to ₹3,990 crore.
Expenses for the quarter grew by 20 percent to ₹1,486 crore, largely due to elevated provisions, which included ₹223 crore for corporate social responsibility (CSR) obligations, a significant rise from just ₹5 crore in the previous quarter. Additionally, ₹84 crore was allocated for settlement applications concerning co-location and dark fiber issues.
The NSE has submitted revised settlement terms to the Securities and Exchange Board of India (SEBI), with a total proposed payout of ₹1,491.21 crore currently pending regulatory approval.
For the entire fiscal year FY26, NSE reported a consolidated total income of ₹18,713 crore, slightly below the ₹19,177 crore recorded in FY25, while net profit for the year was reported at ₹10,302 crore, down from ₹12,188 crore in the preceding year.
The board has recommended a final dividend of ₹35 per equity share for FY26, which includes a special dividend of ₹10 per share, contingent upon shareholder approval.
During FY26, NSE contributed ₹59,186 crore to the exchequer, encompassing securities transaction tax, income tax, GST, stamp duty, and regulatory fees.
Published on May 5, 2026
