Shares of BSE, India’s top stock exchange, are gaining attention after sharing their impressive third-quarter results. Their profits have jumped 104% compared to last year, reaching ₹220 crore. The company also saw its revenue more than double, hitting ₹773 crore.
Before considering certain special items, their profits more than doubled to ₹268 crore from ₹127 crore last year. Operating expenses increased to ₹368 crore, up from ₹213 crore during the same time last year.
Transaction charges, which depend on how much people are trading, soared by 157%, rising to ₹511 crore from ₹199 crore last year. Their earnings from investments slightly increased to ₹48.5 crore, up from ₹46.9 crore. Investment income also grew, reaching ₹58.2 crore compared to ₹54.6 crore last year.
Their operating earnings before interest and taxes (EBITDA), including some special factors, more than doubled to ₹236 crore from ₹92 crore, and their profit margins improved to 31%. BSE is committed to increasing its market share and is excited about the big growth in the number of investors and market activity. They believe higher household incomes and a greater interest in saving money are big advantages.
In the past year, BSE shares have risen an impressive 125%, and over the last three years, they provided a remarkable return of 652.37%.
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