BSE Ltd, one of Asia’s oldest stock exchanges, released its December quarter numbers post market hours today, reporting a consolidated net profit of ₹603 crore, marking a 174% jump from ₹220 crore reported in the year-ago quarter. On a sequential basis, net profit also improved by 12%, compared with ₹538 crore posted in the September quarter.
The exchange also reported a sharp year-on-year rise in revenue, which increased 62% YoY to ₹1,244 crore during the quarter. The growth was largely driven by a surge in transaction charges, which climbed to ₹952 crore from ₹511 crore in the same quarter last year and ₹794 crore in the September quarter.
Looking at other business segments, revenue from services to corporates rose to ₹156 crore from ₹150 crore a year ago and ₹138 crore in the preceding quarter. Treasury income from clearing and settlement stood at ₹42.9 crore, marginally lower than ₹48 crore reported in the year-ago quarter.
