Archive · 5 Nov 2025
NSE's Q2FY26 Results Show Revenue Dip, Regulatory Provisions
The National Stock Exchange, which runs India's biggest stock market, released its financial results for the second quarter.
They made less money from trading fees because fewer people were trading stocks and options compared to the last quarter.
This drop in trading volume is partly because a government agency, SEBI, is trying to reduce risky trading.
The NSE also put aside a large amount of money, over Rs 1,200 crore, to help settle some ongoing issues with SEBI.
Despite the revenue dip, the NSE still holds a very large share of the market in most trading areas, like stocks and futures.
NSE set aside Rs 1,297 crore for settlements with SEBI, aiming to move forward with its IPO plans.
Consolidated revenue from transaction charges decreased by 12% sequentially to Rs 2,785 crore due to lower trading volumes.
Average daily trading volume in equity options (by premium) dropped 16% quarter-on-quarter to Rs 46,442 crore.
Transaction charges represented a smaller portion of total income in Q2FY26 compared to Q2FY25 and Q1FY26.
NSE maintains significant market share, including 92.3% in cash markets, over 99% in equity futures, and 75.6% in equity options.
- Who
- National Stock Exchange (NSE)
- What
- Reported Q2FY26 financial results showing a 12% sequential decline in revenue from transaction charges, attributed to lower trading volumes, and set aside Rs 1,297 crore for SEBI settlements.
- When
- Q2FY26
- Where
- India
- Why
- The revenue decline is due to reduced volumes in cash and derivatives segments, influenced by market regulator SEBI's steps to curb speculative trading and a decrease in equity options trading activity.
- Regulatory Provision
- Rs 1,297 crore set aside for SEBI settlement
- Q2FY26 Transaction Revenue
- Rs 2,785 crore
- QoQ Revenue Change
- -12%
- Equity Options Avg Daily Volume (Premium)
- Rs 46,442 crore
- QoQ Equity Options Volume Change
- -16%
- Cash Market Share
- 92.3%
- Equity Futures Market Share
- >99%
- Equity Options Market Share
- 75.6%