 "NSE, national stock exchange, nifty50")
NSE additionally disclosed that it had filed a revised settlement plea with Sebi on March 5 within the buying and selling entry level (TAP) matter. It stated it’s awaiting a revert from Sebi on its plea.
The Nationwide Inventory Alternate (NSE) noticed its internet revenue for the quarter ended March 31, 2024 rise 20 per cent year-on-year (YoY) to Rs 2,478 crore amid continued buoyancy within the fairness markets.
The alternate’s income grew at a fair quicker clip of 34 per cent to Rs 4,625 crore.
For the full-year 2023-24 (FY24), NSE’s income rose 13 per cent Y-o-Y to Rs 8,306 crore, whereas revenues rose 25 per cent to Rs 14,780 crore.
The alternate introduced a bonus challenge of 4 fairness shares for each one share held. The bonus challenge is topic to regulatory approval. The alternate’s board additionally declared a dividend of Rs 90 per share (pre-bonus), amounting to a payout of Rs 4,455 crore.Â
NSE stated for the quarter and yr ended March 2024, it has recognised an expense of Rs 574 crores and Rs 1,741 crores respectively, in direction of contribution to the core settlement assure fund (SGF).Â
It stated it has put aside Rs 1,950 crore from retained earnings to a separate reserve inside fairness in direction of satisfactory danger capital administration resulting in a rise of this reserve from Rs 6,583 crore in March 2023 to Rs 8,533 crores on the finish of March 2024.
NSE stated it has contributed Rs 43,514 crore to the exchequer in FY24 by the use of securities transaction tax, commodities transaction tax, stamp obligation, GST and Sebi costs.Â
NSE additionally disclosed that it had filed a revised settlement plea with SEBI on March 5 within the buying and selling entry level (TAP) matter. It stated it’s awaiting a revert from SEBI on its plea.Â
First Printed: Might 03 2024 | 8:43 PM IST
