HomeStock MarketBSE Q2 net profit jumps 4x, revenue up 60%

BSE Q2 net profit jumps 4x, revenue up 60%

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BSE Foundation Day: Key milestones of Asia's oldest stock exchange -  BusinessToday
  1. Bombay Stock Exchange (BSE) reported a net profit of Rs 118.41 crore for Q3, marking a more than four-fold increase from the previous year’s Rs 29.39 crore.
  2. BSE’s revenue rose by 59.06% YoY to Rs 314.51 crore from Rs 197.72 crore in the previous year.
  3. Operating EBITDA for the exchange grew to Rs 141.7 crore from Rs 13.4 crore in the same quarter of the previous year, with the operating EBITDA margin increasing to 45% from 7%.
  4. BSE’s expenses remained flat compared to the previous year, standing at Rs 204.03 crore in Q3 compared to Rs 203.94 crore in the same quarter of FY23.
  5. BSE has gained market share in derivatives, particularly after reintroducing weekly index options for the Sensex and the Bankex in May.

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