BSE Q3 net profit up 106% to ₹219 cr

BSE posted a consolidated net profit of ₹219 crore for the quarter ended December, a 106 per cent rise over the year-ago period. Revenue from operations rose to ₹774 crore, a 108 per cent increase over the same period in the previous year.

The exchange saw average daily turnover of ₹6,800 crore for the quarter compared with ₹6,643 crore in the same quarter last year.

The BSE derivatives segment saw an average daily premium turnover of ₹8,758 crore for the quarter against ₹2,550 crore in the same quarter last year.

BSE forayed into single stock derivatives space from July 1, 2024, with a mid-month expiry or the second Thursday of the month. So far, 174 members have participated in single stock futures and 139 in single stock options. The total turnover since relaunch is ₹564 crore in futures and ₹498 crore in Options.

BSE has changed the expiry day of its Sensex and Bankex contracts from Friday and Monday respectively to Tuesday, with effect from January 4, 2025. While Sensex contracts continue to remain liquid, BSE is committed to rebuilding liquidity in its Bankex contracts, the bourse said in a release.