National Stock Exchange of India (544937) Q1 24/25 earnings summary

Executive summary

• Consolidated unaudited financial results for the quarter ended June 30, 2024, were reviewed and approved by the Board and auditors, covering the parent, subsidiaries, and associates.

• The group operates in trading services, clearing services, and other segments, with recent internal reorganization to align with regulatory recommendations.

Financial highlights

• Revenue from operations for Q1 24/25 was ₹4,509.70 crore, compared to ₹4,624.56 crore in the previous quarter and ₹2,987.11 crore in Q1 23/24.

• Net profit from continuing operations was ₹2,500.29 crore, down from ₹2,595.65 crore sequentially but up from ₹1,881.99 crore year-over-year.

• Total comprehensive income for the quarter was ₹2,573.42 crore, compared to ₹2,491.71 crore in the previous quarter and ₹1,849.91 crore in Q1 23/24.

• Earnings per share (basic and diluted) from continuing and discontinued operations was ₹51.86 for Q1 24/25, compared to ₹50.25 in the previous quarter and ₹37.26 in Q1 23/24.

Outlook and guidance

• SEBI has advised augmenting the Core Settlement Guarantee Fund (Core SGF) for the F&O segment to ₹10,500 crore within six months; additional contributions have been made accordingly.

• The group continues to address regulatory and legal matters, with ongoing appeals and compliance actions.