Contribution to SGF reduces profitability

Company
11 Mar 2024
5 Min read 
  • BSE reported a PAT of INR1.06b in 3QFY24, 23% below estimates.
  •  Operating revenue grew 18% QoQ and 82% YoY to INR3.7b.
  •  Transaction charges surged 69% QoQ and 163% YoY to INR1.66b.
  •  BSE is developing a colocation facility and focusing on new areas of growth.
  •  BSE is the second biggest global exchange in terms of volumes.
  •  BSE has a 13% market share in the notional turnover and 5% premium turnover market share in the equity derivatives segment.
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