BSE Ltd jumps 3% after reporting 106% YoY growth in net profits in Q3

The shares of the Indian Stock Exchange gained up to 3 percent after the company’s net profit and revenue increased by 106 percent and 95 percent YoY, respectively, in Q3FY25.

Price Action

With a market capitalization of Rs 77,059.61 crore, the shares of BSE Limited were trading at Rs 5,692 per share, increasing around 2 percent as compared to the previous closing price of Rs 5,567.55 apiece.

Reason for Rise

The shares of BSE Limited have seen bullish movement after reporting positive results in Q3FY25, revenue increased by 2 percent on a quarter-on-quarter basis from Rs. 813 crore in Q2FY25 to Rs. 832 crore in Q3FY25. Further, revenue zoomed by 95 percent year on year, from Rs 426 crore in Q3FY24 to Rs. 832 crore in Q3FY25.

The company’s net profit decreased by 37 percent on a quarter-on-quarter basis, from Rs. 346 crore in Q2FY25 to Rs. 219 crore in Q3FY25. Further, net profit magnified significantly by 106 percent year on year from Rs 106 crore in Q3FY24 to Rs. 219 crore in Q3FY25.

Market Segment Insights

BSE facilitated ₹13.7 lakh crores in capital raising across equity, debt, bonds, and mutual funds. Q2 FY2025 cash segment turnover rose to ₹9,768 crores from ₹5,922 crores YoY. Sensex derivatives hit record volumes, while single-stock derivatives saw strong participation since July 1, 2024.

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Regulatory Changes and Market Dynamics

SEBI’s recommendations on index derivatives have altered expiry cycles and lot sizes. Transaction charges for index options will be ₹3,250 per crore of premium turnover from October 1, 2024. Discussions continue with clearing corporations over high clearing charges compared to other exchanges.

Management comments

Management remains confident in sustainable revenue growth, driven by diversified income from equity, derivatives, and mutual funds. They emphasize strengthening market vibrancy, resilience, and competitiveness through continuous product expansion and infrastructure investment, ensuring long-term stability and enhanced market positioning.

Company Overview

The Bombay Stock Exchange (BSE Ltd) is an Indian stock exchange headquartered in Dalal Street in Mumbai. The Company allows the trading of stock, currencies, debt instruments, derivatives, and mutual funds.

Written by Abhishek Singh

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