National Stock Exchange Ltd.'s third-quarter profit fell marginally even as margin improved 70 basis points over the previous quarter.
The company profit after taxes fell 1% sequentially to Rs 1,975 crore in the quarter ended December, according to an exchange filing on Saturday.
There was an exceptional gain from sale of investment of Rs 81 crore in Q3 impacting after-tax profits. The gain was the profit made from the divestment of 4.71% stake in in Protean eGov Technologies Ltd in which NSE Investment Ltd held 25.05%.
NSE Q3 FY24 Highlights (Consolidated, QoQ)
Revenue from operations down 23% to Rs 3,517 crore.
Ebdita down 3% at Rs 2,817 crore.
Ebidta margins at 80.1% vs 79.4%.
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