National Stock Exchange Records Strong H1 FY27 Performance with ₹5,698 Crore Profit; Cash Market Trading Volumes Increase 24% and Listing Revenue Jumps 70%
Mumbai: The National Stock Exchange of India Limited (NSE) has reported strong financial results for the second quarter and first half of the financial year 2026-27, supported by higher trading volumes, increased listing activity and growth in market-related services.
For the quarter ended September 30, 2026, NSE recorded consolidated Profit After Tax (PAT) of ₹2,578 crore, representing a 23% increase compared with ₹2,098 crore in the corresponding quarter of the previous financial year.
The exchange’s consolidated total income increased 9% year-on-year to ₹4,554 crore, compared with ₹4,160 crore in Q2 FY26.
NSE Q2 FY27 Financial Performance
NSE delivered significant growth across its key financial indicators during the July-September quarter.
The major consolidated financial highlights were:
| Financial Indicator | Q2 FY27 |
|---|---|
| Total Income | ₹4,554 crore |
| Year-on-Year Income Growth | 9% |
| Profit After Tax (PAT) | ₹2,578 crore |
| Year-on-Year PAT Growth | 23% |
| Operating EBITDA | ₹3,079 crore |
| EBITDA Growth | 107% |
| EBITDA Margin | 76% |
| Earnings Per Share (EPS) | ₹10.41 |
Operating EBITDA increased 107% year-on-year to ₹3,079 crore, with an operating EBITDA margin of 76%, reflecting strong operational performance during the quarter.
H1 FY27 Profit Reaches ₹5,698 Crore
NSE also reported healthy financial growth for the six-month period ended September 30, 2026.
Consolidated total income for the first half of FY27 stood at ₹9,807 crore, registering 9% growth compared with the corresponding period of the previous financial year.
Profit After Tax increased 13% year-on-year to ₹5,698 crore, while operating EBITDA rose 45% to ₹6,674 crore.
The exchange maintained a strong operating EBITDA margin of 77% during the first half.
Key H1 FY27 financial highlights include:
| Financial Indicator | H1 FY27 |
|---|---|
| Total Income | ₹9,807 crore |
| Total Income Growth | 9% |
| Profit After Tax | ₹5,698 crore |
| PAT Growth | 13% |
| Operating EBITDA | ₹6,674 crore |
| EBITDA Growth | 45% |
| EBITDA Margin | 77% |
| Contribution to Exchequer | ₹41,234 crore |
Cash Market Trading Volume Increases 24%
Higher trading activity across the exchange’s platforms remained one of the major drivers of NSE’s financial performance.
Revenue from transaction charges increased 9% year-on-year to ₹3,035 crore, supported by higher market volumes.
The cash market’s Average Daily Traded Volume (ADTV) rose 24% year-on-year to ₹1,18,377 crore, indicating increased trading activity in the equity cash segment.
Other business segments also recorded significant growth:
- Data Feed and Terminal Services: Revenue increased 43% year-on-year.
- Listing Services: Revenue surged 70% year-on-year.
- Transaction Charges: Revenue grew 9% to ₹3,035 crore.
The strong performance of these businesses contributed to NSE’s overall revenue growth during the quarter.
NSE Contributes ₹41,234 Crore to Government Exchequer
During the first half of FY27, NSE’s contribution to the government exchequer stood at ₹41,234 crore.
The contribution reflects the exchange’s role in India’s financial markets and its wider economic contribution through market-related taxes, duties and other statutory payments.
Ashishkumar Chauhan Highlights Major Milestones
Commenting on the quarterly performance, Ashishkumar Chauhan, Managing Director and Chief Executive Officer of NSE, described Q2 FY27 as a momentous quarter for the exchange.
He highlighted the successful completion of NSE’s own listing, describing it as the listing of one of the world’s largest and most technologically advanced market infrastructure institutions.
Another significant development during the quarter was the facilitation of India’s first-ever tokenised bond issuances, aggregating ₹1,000 crore.
The development marks an important step in the adoption of technology-driven financial instruments in India’s capital markets.
Strong Financial Performance Reflects Market Growth
NSE’s Q2 and H1 FY27 results highlight the continued expansion of its business operations, supported by higher cash market trading volumes, growth in listing services and increasing demand for market data and terminal services.
With consolidated profit rising 23% in the September quarter and first-half profit reaching ₹5,698 crore, the exchange maintained strong financial momentum during the first six months of FY27.
The S Bharat | Business & Stock Market News


