Net profit of BSE rose 27.58% to Rs 46.81 crore in the quarter ended September 2020 as against Rs 36.69 crore during the previous quarter ended September 2019. Sales declined 2.67% to Rs 149.91 crore in the quarter ended September 2020 as against Rs 154.03 crore during the previous quarter ended September 2019.

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Central Depository Services (India) Ltd, United Breweries Ltd, Procter & Gamble Hygiene and Health Care Ltd, J K Cements Ltd are among the other stocks to see a surge in volumes on NSE today, 02 September 2020.

BSE Ltd clocked volume of 18.58 lakh shares by 14:19 IST on NSE, a 5.58 times surge over two-week average daily volume of 3.33 lakh shares. The stock gained 5.53% to Rs.532.00. Volumes stood at 1.21 lakh shares in the last session.

Central Depository Services (India) Ltd recorded volume of 98.22 lakh shares by 14:19 IST on NSE, a 5.36 times surge over two-week average daily volume of 18.31 lakh shares. The stock gained 13.72% to Rs.465.00. Volumes stood at 6.69 lakh shares in the last session.

United Breweries Ltd clocked volume of 25.83 lakh shares by 14:19 IST on NSE, a 4.44 times surge over two-week average daily volume of 5.82 lakh shares. The stock gained 8.39% to Rs.1,087.05. Volumes stood at 5.47 lakh shares in the last session.

Procter & Gamble Hygiene and Health Care Ltd saw volume of 69156 shares by 14:19 IST on NSE, a 4.34 fold spurt over two-week average daily volume of 15947 shares. The stock increased 1.03% to Rs.10,102.05. Volumes stood at 2228 shares in the last session.

J K Cements Ltd recorded volume of 2.12 lakh shares by 14:19 IST on NSE, a 3.08 times surge over two-week average daily volume of 68676 shares. The stock lost 0.74% to Rs.1,487.00. Volumes stood at 45831 shares in the last session.

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EBITDA fell 3.7% to Rs 57.2 crore in Q1 June 2020 from Rs 59.4 crore in Q1 June 2019. EBITDA margin stood at 35% as on 30 June 2020 as against 36% as on 30 June 2019.

Profit before tax in the first quarter stood at Rs 39.8 crore, down by 20.6% from Rs 50.1 crore reported in the same period last year. Tax expense decreased by 17% to Rs 7.3 crore in Q1 June 2020 over Q1 June 2019.

Commenting on financial performance for the quarter ended, Ashishkumar Chauhan, MD & CEO, said: The spirit of innovation continues to drive BSE to provide new and differentiated services to its members and investors even during these tough times. BSE's shift of expiry of weekly contracts from Thursday to Monday has been very well received by the market players bring a new wave of possibilities for the growth of BSE's equity derivative segment. The growth of turnover in equity segment by 39% in this quarter over corresponding quarter previous year is highly encouraging. Coupled with the focus on “best price execution” of trades by trading members, the prospects for growth in equity segment in BSE also look brighter. Introduction of e-KYC services in the mutual fund segment as a value added service as well as introduction of health and life insurance segment in the insurance broking entity demonstrates the relentless drive by BSE to provide more and better services to its stakeholders and public. The achievement of total turnover of USD 1 trillion by India INX is another feather in the cap of the BSE group. BSE remains committed to continue to explore growth opportunities and innovate in the exchange and electronic distribution ecosystems.”

BSE (formerly Bombay Stock Exchange) provides an efficient and transparent market for trading in equity, debt instruments, equity derivatives, currency derivatives, interest rate derivatives, mutual funds and stock lending and borrowing.

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Net profit of BSE declined 5.88% to Rs 32.34 crore in the quarter ended June 2020 as against Rs 34.36 crore during the previous quarter ended June 2019. Sales declined 3.52% to Rs 132.62 crore in the quarter ended June 2020 as against Rs 137.46 crore during the previous quarter ended June 2019.

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