BSE Ltd Share Price – NSE

Financial Services, Mid Cap

Net profit of BSE rose 187.76% to Rs 346.75 crore in the quarter ended September 2024 as against Rs 120.50 crore during the previous quarter ended September 2023. Sales rose 124.66% to Rs 813.30 crore in the quarter ended September 2024 as against Rs 362.02 crore during the previous quarter ended September 2023.

Powered by Capital Market - Live News

BSE will hold a meeting of the Board of Directors of the Company on 12 November 2024.

Powered by Capital Market - Live News

However, revenue from operations increased 24.43% sequentially to Rs 607.70 crore in the quarter ended 30 June 2024.

On YoY basis, the exchange and data platform’s consolidated net profit declined 40% while revenue from operations soared 181.84% during the first quarter of FY25.

Profit before tax stood at Rs 349.37 crore in the June 2024 quarter, up 126.97% quarter on quarter (QoQ) while down 32.33% year on year (YoY).

Operating EBITDA for Q1 FY25 was at Rs 284 crore, significantly higher from Rs 70 crore posted in the corresponding quarter of previous year. Operating EBITDA margin improved to 47% in Q1 FY25 compared with 33% in Q1 FY24.

The total number of transactions in its mutual fund distribution platform -- BSE StAR MF grew by 72% to 14.1 crore transactions in Q1 FY25 from 8.2 crore corresponding quarter last year.

The average daily turnover in equity cash segment stood at Rs 9,006 crore, as compared to Rs 4,025 crore in the corresponding quarter last year.

Commenting on the results, the MD & CEO of BSE said “We have finished the first quarter strongly, with every business line contributing to revenue and profitability. This reflects the strength of our proposition, the improvements we have made to our products and the depth of our relationships with customers. BSE remains steadfast in its commitment to emerge as a vibrant and innovative platform for all stakeholders.”

BSE (formerly Bombay Stock Exchange) is Asia's first & the world's fastest Stock Exchange with a speed of 6 microseconds. It 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.

Powered by Capital Market - Live News

Net profit of BSE declined 40.12% to Rs 265.05 crore in the quarter ended June 2024 as against Rs 442.66 crore during the previous quarter ended June 2023. Sales rose 158.33% to Rs 670.64 crore in the quarter ended June 2024 as against Rs 259.61 crore during the previous quarter ended June 2023.

Powered by Capital Market - Live News