NSE reports total income of ₹4,160 crore, expenditure of ₹ 2,354 crore in Sept qtr

On standalone basis, NSE’s total income for 92FY26 stood at Rs 3,666 crore

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The National Stock Exchange (NSE), India’s leading exchange on Tuesday declared consolidated and standalone financial results for quarter and six months ending on September 30, 2025.

‘The NSE reported a consolidated total income of Rs 4,160 crore for Q2FY26, as against Rs 4,798 crore for QIFY26.

The consolidated revenue from transaction charges for Q2FY26 was Rs 2,785 crore, a sequential decline of 12 per cent QoQ due to reduction in volumes across cash market and derivatives segments.

On a consolidated basis, total expenditure reported for Q2FY26 stood at Rs 2,354 crore as against Rs 1,053 crore in QIFY26. During the quarter, NSE has recognised a provision of Rs 1,297 crore, including interest, towards the settlement applications that NSE had filed with SEBI under SEBI (Settlement Regulations) 2018 with respect to Colocation and Dark Fibre matters. Revert from SEBI on the above-mentioned applications is awaited. Excluding the provision for SEBI settlement fees, the total expenditure for Q2FY26 was Rs 1,056 crore as against Rs 1,053 crore in QUFY26.

On a consolidated basis, the reported operating EBITDA for Q2FY26 was Rs 1,484 crore as against Rs 3,130 crore for QUFY26. Excluding the provision for SEBI settlement fees, the operating EBITDA for

QUFY26 was Rs 2,782 crore, with operating EBITDA margin of 76 per cent.