NSE Q4 FY26: The National Stock Exchange (NSE) on Tuesday, May 5, reported an 8% rise in consolidated profit after tax (PAT) to ₹2,871 crore for the March quarter (Q4 FY26), driven by higher transaction volumes across segments.
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The exchange had posted a PAT of ₹2,650 crore in the corresponding quarter of the previous fiscal (Q4 FY25).
Its total income during the quarter increased 22% to ₹5,360 crore compared to ₹4,397 crore logged in the year-ago period, the exchange said in a statement.
Sequentially, net profit rose 19% from ₹2,409 crore in Q3 FY26, while income climbed 22% quarter-on-quarter (QoQ), reflecting strong growth in trading activity, particularly in the equity derivatives segment.
On a consolidated basis, total expenditure in Q4 FY26 rose 20% QoQ to ₹1,486 crore, largely due to a year-end CSR provision of ₹223 crore compared to ₹5 crore in the preceding quarter.
Other key details
During the quarter, the exchange also recognised a provision of ₹84 crore towards settlement applications related to the colocation and dark fibre matters.
On March 13, NSE submitted revised settlement terms to markets regulator SEBI for a cumulative amount of ₹1,491.21 crore in these cases, which are currently pending final approval.
For the full financial year FY26, NSE reported a 15% decline in PAT to ₹10,302 crore against ₹12,188 crore logged in FY25.
Also, the total income for the year stood at ₹18,713 crore, marginally lower than ₹19,177 crore seen in the previous fiscal.
The exchange said revenue from transaction charges surged 39% year-on-year in the March quarter, supported by a sharp increase in volumes across equity cash and derivatives segments.
NSE’s contribution to the exchequer during FY26 stood at ₹59,186 crore.
Dividend details
The board has recommended a final dividend of ₹35 per share for FY26, subject to shareholder approval. This includes a special one-time dividend of ₹10 per equity share.
NSE IPO update
According to a PTI report published in March 2026, NSE has invited existing shareholders to tender their shares for the long-awaited initial public offering (IPO) in a step towards filing its draft red herring prospectus (DRHP).
In a communication to shareholders, the exchange said its board had, on February 6, 2026, approved plans to pursue a public listing through an offer for sale (OFS), allowing eligible investors to sell part or all of their holdings. Shareholders must indicate their willingness to participate in the proposed share sale by April 27, 2026.
Eligibility to participate in the OFS is contingent on shareholders having held their shares continuously for at least one year prior to the DRHP filing.
While the filing date has not been finalised, NSE has set June 15, 2025, as the cut-off date, based on its estimated timeline.
Recent media reports indicate that the stock exchange is preparing to file its DRHP by early June 2026. The document will outline detailed financials, key risk factors, and the proposed structure of the public issue.
It will be submitted to the Securities and Exchange Board of India (SEBI) for review and approval before the IPO process can move ahead.
With inputs from PTI
