Even though the National Stock Market has fallen almost 9 percent from its all-time high. But in the last three months, NSE has broken all profit records. According to quarterly data, NSE has seen a 57 per cent rise in its second quarter profits. While in income an increase of 25 percent has been observed. If we talk about Monday, there has been a drop of more than one percent in the main Nifty index of the National Stock Exchange. Let us also tell you what kind of quarterly numbers NSE has presented.
These were the quarterly results
The National Stock Exchange’s (NSE) consolidated net profit for the second quarter of the current financial year ended September rose 57 per cent year-on-year to Rs 3,137 crore. The bourse recorded total revenue of Rs 5,023 crore during the July-September period of the current financial year, up 25 per cent over the previous year. NSE said in the statement that apart from trading income, operating income was supported by other sources of income, which mainly included settlement services, data center, contact fees, listing services and index services, data services .
Increase in earnings per share
Its earnings per share in the second quarter of the current financial year rose to Rs 12.68 from Rs 8.08 year-on-year after the exchange considered issuance of bonus shares at a 4:1 ratio. The individual net income during the quarter under review stood at Rs 2,954 crore. In the same period a year ago, this figure was Rs 1,804 crore. The exchange spent a total of Rs 1,546 crore in the second quarter of the financial year 2024-25.
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Big drop in Nifty
On the other hand, there has been a huge fall in the main index of the National Stock Exchange, Nifty, in the last 5 weeks. If we look at the data, Nifty has fallen about 9 percent from its all-time high. On Monday, a drop of around 1.25 per cent was seen in Nifty. After which Nifty has fallen by 309 points to 23,995.35 points. Nifty also touched 23,816.15 points during the trading session. If experts are to be believed, more declines in Nifty may be seen in the coming days.