Bombay Stock Exchange Reports Huge Surge in Net Profit and Growth in Volume
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Bombay Stock Exchange Reports Huge Surge in Net Profit and Growth in Volume
The Bombay Stock Exchange (BSE), India’s leading exchange, has reported its first quarter earnings report for FY 2018. The company has reported its highest ever consolidated net profit of Rs 523.70 crore ($82.2 million), a jump of 1098 percent on a year-on-year basis.
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During the quarter the exchange reported an increase of 11 percent in revenue from operations – Rs. 102.64 crores ($16 million). EBITDA (earnings before interest tax depreciation and amortization) is up by 16% at Rs 71.61 crore ($11 million).
On the volume front, the exchange clocked an increase of 51 percent ... (read more)
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