BSE Ltd, India's oldest stock exchange, has announced robust financial results for the third quarter of FY25. The company's consolidated net profit more than doubled to Rs 220 crore, marking a 104% year-on-year increase. Revenue from operations surged to Rs 774 crore, representing a significant 157% jump compared to the same period last year.
The stellar performance was driven by record premium turnover and increased transaction income across cash, derivatives, and mutual fund segments. BSE's EBITDA for the quarter more than doubled to Rs 236 crore, with margins improving to 31%.
Despite regulatory changes impacting notional turnover, BSE achieved its highest-ever premium turnover-to-notional ratio in December 2024. The company remains focused on increasing market share across all segments, capitalizing on growing investor participation and rising household incomes.
Source: Economic Times