NSE Reports ₹4,397 Crore Q4 Income, Proposes ₹35 Dividend per Share

National Stock Exchange of India (NSE) on Tuesday announced its fourth quarter FY25 figures, recording a consolidated total income of ₹4,397 crore. That is lower than ₹4,807 crore in the last quarter and ₹5,080 crore in the corresponding quarter of the previous year.

Q4 revenues derived from transaction fees totaled ₹2,939 crore, down 15% from the quarter that just preceded this one due primarily to subdued trading on both the cash and the derivative segments.

There was a sequential growth of 4% on quarter-on-quarter overall consolidated costs of ₹1,124 crore by the exchange.

Consolidated net profit at NSE declined 31% quarter-on-quarter to ₹2,650 crore in Q4 from the last quarter at ₹3,834 crore.

Although the quarter declined, the year-to-date performance up to March 31, 2025, was good. Consolidated total income of the exchange rose 17% year-on-year to ₹19,177 crore, and operating EBITDA rose 28% year-on-year to ₹12,647 crore.

Net profit for the year increased 47% year-on-year at ₹12,188 crore on a consolidated basis. Earnings per share in FY25 increased to ₹49.24 from ₹33.56 in FY24 after adjusting for the issuance of bonus shares in a 4:1 ratio.

For Q4 FY25, average daily traded volume (ADTV) in the cash market was ₹95,488 crore, a decrease of 8% from the last quarter.

On a standalone basis, the net profit of NSE during the year increased substantially—69% above last year at ₹11,246 crore.

The Board of Directors also recommends a final dividend of ₹35 per face value equity share of ₹1 per face value equity share for the year ended March 31, 2025. This comprises a special one-time dividend of ₹11.46 per share, subject to shareholders' approval in the next Annual General Meeting.

In FY25, the collective contribution of the NSE to the exchequer of the country was ₹59,798 crore. This consisted of ₹48,439 crore through Securities Transaction Tax (STT) and Commodities Transaction Tax (CTT), ₹3,772 crore through stamp duty, ₹1,804 crore through SEBI fees, ₹3,831 crore through income tax, and ₹1,952 crore through Goods and Services Tax (GST).