New Delhi, February 6 (IANS). The National Stock Exchange (NSE), which is preparing to launch an Initial Public Offering (IPO), on Friday presented its results for the third quarter of FY26, in which the company said that the profit in the October-December quarter has declined by 37 percent year-on-year to Rs 2,408 crore, which was Rs 3,834 crore in the same period of FY 25.
Quarter-on-quarter, the company’s profit has increased by 15 percent on an annual basis, which was Rs 2,098 crore in the September quarter.
The company’s income declined by 9 percent year-on-year to Rs 4,395 crore in the third quarter of FY26, which was Rs 4,807 crore in the third quarter of FY25. However, the company’s revenue grew 6 percent on a quarter-on-quarter basis.
According to information provided by the company, operating EBITDA declined by 16 percent year-on-year to Rs 2,851 crore in the third quarter of FY26.
NSE said companies have raised Rs 5.4 lakh crore through equity, debt and business trusts through the exchange’s platform in Q3FY26. A total of 65 companies, including mainboard and SME, have jointly raised Rs 96,457 crore through IPO in the third quarter, which is double from the previous quarter and the highest in the last four quarters.
Seven municipal corporations have jointly raised Rs 750 crore in the first nine months of FY26, the highest ever fund raising by municipal corporations through bonds since the introduction of SEBI municipal bond regulations in 2015.
This is the first result of NSE after getting NOC for IPO from SEBI.
NSE Managing Director and Chief Executive Officer Ashish Kumar Chauhan said it will take about three to four months to draft the red herring prospectus (DRHP), a key document required to launch the IPO.
Speaking to IANS during an event, Chauhan had thanked SEBI for clearing the way after a delay of almost a decade. He said, “After 10 years, SEBI has agreed to start the IPO process. We thank SEBI for this.”
He said that along with the preparation of DRHP, NSE will also work parallelly on the Offer for Sale (OFS) portion of the IPO.
–IANS
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