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BSE Achieves a Net Profit of Rs 108 Crore, Doubling in Q3: On Monday, BSE Ltd, a major stock exchange, announced that its net profit for the December quarter doubled to Rs 108.2 crore. In the same period last year, the exchange reported a net profit of Rs 51.6 crore, as mentioned in a statement by BSE.
As per the BSE Achieves a Net Profit of Rs 108 Crore, Doubling in Q3. The stock exchange reached its highest quarterly revenue ever, reaching Rs 431.5 crore in the October-December period of the current fiscal year. This marks a significant increase of 76 percent from the Rs 245 crore recorded in the same period last year.
BSE Achieves a Net Profit of Rs 108 Crore, Doubling in Q3
In the third quarter of the current fiscal year, the exchange’s mutual distribution platform, BSE StAR MF, experienced a significant increase. The total number of transactions soared by 60 percent, reaching 10.9 crore compared to 6.86 crore in the same quarter last year.
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