National Stock Exchange of India (544937) Q2 24/25 earnings summary

Executive summary

• Consolidated total income for Q2 FY24/25 was ₹5,023.23 crore, up from ₹4,023.15 crore in Q2 FY23, with half-year income at ₹9,973.53 crore, reflecting strong year-over-year growth.

• Net profit for the quarter was ₹3,137.28 crore, up from ₹1,998.61 crore in Q2 FY23; half-year net profit reached ₹5,704.00 crore.

• Discontinued operations contributed a net profit of ₹410.03 crore in Q2 FY24/25, primarily from the sale of Digital Technology Services and related subsidiaries.

Financial highlights

• Revenue from operations for Q2 FY24/25 was ₹4,510.16 crore, up from ₹3,651.78 crore in Q2 FY23.

• Profit before tax from continuing operations for Q2 FY24/25 was ₹3,749.84 crore, compared to ₹2,629.03 crore in Q2 FY23.

• Earnings per share (EPS) for Q2 FY24/25 was ₹12.68 (not annualized), up from ₹8.08 in Q2 FY23.

• Cash and cash equivalents as of September 30, 2024, stood at ₹24,959.22 crore.

Outlook and guidance

• No additional contribution to the Core Settlement Guarantee Fund (Core SGF) is required for the remainder of the year, as current reserves meet SEBI requirements.

• The company has completed a major internal reorganization and continues to align with SEBI recommendations.