India's NSE posts 8% rise in fourth-quarter profit on derivative volumes

BENGALURU: India’s National Stock Exchange reported an 8% rise in consolidated profit for the fourth quarter on Tuesday, helped by strong growth in equity derivatives trading.

The exchange posted a consolidated profit after tax of 28.71 billion rupees ($301.62 million) for the quarter ended March 31, compared with a profit of 26.50 billion a year earlier. Total income rose about 22% year-on-year to 53.6 billion rupees.

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