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| Photo Credit: REUTERS
Leading inventory change BSE has reported a four-fold leap in net profit to ₹118.4 crore for the quarter ended September 2023. In comparability, the change had posted a net profit of ₹29.4 crore within the year-earlier interval, BSE stated in an announcement.
The bourse’s revenue rose 53% to a record ₹367 crore within the July-September quarter of the present monetary 12 months (FY24), from ₹240 crore within the year-earlier interval.
“We shall continue to invest in development of human resources, new products, technology infrastructure, etc., and thus pursue long-term growth shareholders and deliver on our mission of Vibrant BSE 2025,” the change’s MD & CEO, Sundararaman Ramamurthy, stated.
The change’s common every day turnover within the fairness phase elevated to ₹5,922 crore within the quarter underneath evaluate, from ₹4,740 crore in three months ended September 2022.
The board of administrators of BSE of their assembly on Friday authorized the fund infusion of ₹22.36 crore in India International Exchange (IFSC) Ltd. (India INX) and ₹33.88 crore in India International Exchange (IFSC) Ltd. (India ICC) in the direction of buy of fairness shares by way of subscription of rights concern.
