Main inventory change BSE on Monday reported a nearly thrice bounce in consolidated revenue to ₹602 crore for the December quarter, pushed by robust progress in fairness derivatives buying and selling, listings and mutual fund transactions.
The change posted a revenue of ₹220 crore within the corresponding interval of the final fiscal yr.
Complete revenue for the quarter below assessment stood at an all-time excessive of ₹1,334 crore, up 61 per cent from ₹829 crore a yr earlier, BSE stated in a press release.
This additionally marks the change’s eleventh consecutive report efficiency.
Additional, working bills declined 4 per cent year-on-year to ₹512 crore, additional boosting profitability. Funding and different revenue elevated 47 per cent to ₹90 crore in the course of the quarter.
Commenting on the outcomes, BSE MD and CEO Sundararaman Ramamurthy stated the change’s “robust Q3 efficiency is a testomony to the power of our platforms and the boldness the marketplaces in BSE”.
“With report SME listings, rising index derivatives exercise and continued success of StAR MF, we’re accelerating innovation throughout all our companies,” he added.
In the course of the December quarter, BSE welcomed 99 new fairness listings throughout its mainboard and SME platforms, collectively elevating ₹97,657 crore. Fairness derivatives exercise hit an all-time excessive, with 772 crore contracts traded in the course of the quarter, producing ₹784 crore in revenue.
In the meantime, transactions on the BSE StAR MF platform elevated 21 per cent year-on-year to 21.7 crore, up from 18 crore within the year-ago interval, serving to BSE command a market share of 87.4 per cent in mutual fund transaction processing.
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