There is an atmosphere of mourning in the country's stock markets for the last few months. The entire portfolio of many people has turned red. But even during this period, the profit of BSE Limited, the company running Asia's oldest stock market 'Bombay Stock Exchange', has been tremendous.
Even though there have been glimpses of relief from time to time in the stock markets, they are still facing huge losses. BSE's index of 30 companies 'Sensex' closed down by more than 800 points yesterday also. But late yesterday evening, BSE Limited announced its huge profit.
The net profit of the leading stock exchange BSE Limited has increased three times to Rs 346 crore in the July-September quarter of the current financial year 2024-25. Last year, the company had earned a profit of only Rs 118 crore in the same quarter. BSE Limited also informed that its total income has also doubled in the July-September quarter. This has been Rs 819 crore, which was Rs 367 crore in the same quarter of the last financial year.
Sundararaman Ramamurthy, MD and CEO of BSE Limited, says that the company has earned a total income of Rs 1,493 crore in the April-September half year. Its profit during this period has been Rs 610 crore. This is its best half yearly result so far.
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BSE Limited also said that in the July-September quarter of the current financial year, an average of Rs 9,768 crore was traded every day in the equity cash category on its platform. This is a much better situation than Rs 5,922 crore in the same quarter last year. Whereas in the equity derivatives category, its daily premium average business has been Rs 8,203 crore. In the same quarter last year, this figure was Rs 768 crore.
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BSE was established in 1875. It is the oldest stock exchange in Asia and today is the sixth largest stock exchange in the world in terms of market capitalization.
