BSE posts 61% growth in Q1 profit at Rs 53.42 crore

• Follow

Leading stock exchange BSE on Friday reported a consolidated net profit of Rs 53.42 crore for the first quarter ending June, a growth of 61% compared to Rs 33.15 crore in the corresponding quarter of the last fiscal.

Its revenue from operations increased 52% to Rs 156.95 crore during the quarter under review from Rs 103.22 crore in the same quarter of last fiscal, BSE said in a statement.

The exchange said that there is a 52% increase in average daily turnover in equity segment at Rs 5,661 crore for the quarter under review as compared to the Rs 3,724 crore in the April-June period of 2020-21.

Besides, average daily turnover for equity derivatives segment, commodity derivatives segment and currency derivatives segment stood at Rs 3.15 lakh crore, Rs 3,267 crore and Rs 23,618 crore, respectively during April-June period of this fiscal.

“BSE has continued to show a good growth across its business segments and new initiatives taking its business volumes in various segments to its all-time highs,” BSE MD and CEO Ashishkumar Chauhan said.