NSE profits double to Rs 319 cr in Apr-Jun quarter

Leading stock exchange NSE has reported an over two-fold increase in net profit at Rs 319 crore during April-June period of the current fiscal, compared to the preceding quarter.
The National Stock Exchange had recorded a net profit of nearly Rs 120 crore for the quarter ending March 31, 2015.
Besides, the stock exchange has seen an 81 per cent rise in net profit from nearly Rs 176 crore in the April-June quarter of fiscal 2014-15.
Total income from operations stood at Rs 347 crore for the first quarter of 2015-16, compared to Rs 388.76 crore in the preceding quarter. NSE's income stood at Rs 322 crore in the April-June quarter in the last fiscal.

NSE saw a total expenditure of Rs 167.5 crore for the quarter-ended June 2015, lower than about Rs 174 crore recorded in the preceding period. The expenses stood at nearly Rs 150 crore in April-June quarter for fiscal 2014-15.
NSE, established in 1992, is one of the leading exchanges in the country for equity and derivatives trading.
In 2014-15, NSE had recorded a turnover of Rs 43.30 lakh crore in its equity segment and Rs 556 lakh crore in the equity derivatives segment.
It is among the top five exchanges of the world for the number of equity trades.