New Delhi, February 7: The National Stock Exchange (NSE), preparing for its Initial Public Offering (IPO), released its financial results for the third quarter of fiscal year 2026 on Friday. The company reported a profit of ₹2,408 crores for the October-December quarter, marking a 37% decline compared to ₹3,834 crores in the same period of fiscal year 2025.
On a quarter-on-quarter basis, the company’s profit increased by 15%, up from ₹2,098 crores in the September quarter.
For the third quarter of fiscal year 2026, NSE’s revenue fell by 9% year-on-year to ₹4,395 crores, down from ₹4,807 crores in the third quarter of fiscal year 2025. However, revenue increased by 6% on a quarter-on-quarter basis.
According to the information provided by the company, the operating EBITDA for the third quarter of fiscal year 2026 decreased by 16% year-on-year to ₹2,851 crores.
The NSE stated that companies raised ₹5.4 lakh crores through equity, debt, and business trusts via its platform during the third quarter. A total of 65 companies, including both mainboard and SME listings, collectively raised ₹96,457 crores through IPOs, doubling the amount from the previous quarter and reaching the highest figure in the last four quarters.
In the first nine months of fiscal year 2026, seven municipal corporations collectively raised ₹750 crores, the highest amount since the introduction of SEBI’s municipal bond regulations in 2015.
This is the first result released by the NSE following the receipt of a No Objection Certificate (NOC) from SEBI for the IPO.
Ashishkumar Chauhan, Managing Director and CEO of NSE, mentioned that drafting the necessary documents for the IPO, including the Draft Red Herring Prospectus (DRHP), will take approximately three to four months.
During an event, Chauhan expressed gratitude to SEBI for clearing the way after nearly a decade of delays. He stated, “After 10 years, SEBI has agreed to initiate the IPO process. We thank SEBI for this.”
He added that alongside preparing the DRHP, NSE will also work on the offer for sale (OFS) portion of the IPO simultaneously.