Media Release

Earnings per share from continuing operations (before exceptional items) up by 10% to Rs 9.98 for the quarter ended June 30, 2018 from Rs 9.11 crore for the quarter ended June 30, 2017

Consolidated Revenue from Operations up by 6% to Rs 116.99 crore for the quarter ended June 30, 2018 from Rs 110.47 crore for the quarter ended June 30, 2017

Consolidated Total Revenue up by 3% to Rs 166.41 crore for the quarter ended June 30, 2018 from Rs 161.22 crore for the quarter ended June 30, 2017

Consolidated Net Profit from continuing operations up by 4% to Rs 51.50 crore for the quarter ended June 30, 2018 from Rs 49.73 crore for the quarter ended June 30, 2017

ü  Currency Derivative Segment average daily turnover increased by 73% to Rs 31,418 crore for Q1FY19 from Rs 18,148 crore in Q1FY18.

ü  Monthly orders processed in Mutual Fund Segment increased by 152% to 70 lakh for Q1FY19 from 28 lakh in Q1FY18.

ü  Average daily turnover in India International Exchange (IFSC) Ltd., BSE’s wholly owned subsidiary at GIFT City, Gandhinagar was USD 447 million for Q1FY19 from USD 37 million for Q1FY18.

ü  Successfully completed the buyback on July 9, 2018 and the issued equity share capital now stands reduced by 3.70% to Rs. 10.51 crore.

ü  BSE has entered into an agreement with Bombay Metal Exchange for the growth and systematic development of commodity derivatives markets in the Non Ferrous Metals complex.

MUMBAI, August 3, 2018: BSE Ltd. (BSE), Asia’s oldest and World’s fastest exchange with a speed of 6 microseconds, announced its unaudited consolidated financial results for the first quarter ended June 30, 2018.

Financial Highlights at a Glance:

Financial Highlights for the Quarter Ended on June 30, 2018

·         Earnings per share from Continuing Operations before exceptional items increased by 10% for the quarter ended on June 30, 2018 to Rs 9.98 per equity share. 

·         Revenue from Operations for the quarter ended June 30, 2018 increased by 6% to Rs 116.99 crore from Rs 110.47 crore for the quarter ended on June 30, 2017 and the Total Revenue for the quarter ended June 30, 2018 increased by 3% to Rs 166.41 crore from Rs 161.22 crore for the quarter ended on June 30, 2017.

·         Net Profit from continuing operation for the quarter ended June 30, 2018 increased by 4% to Rs 51.50 crore from Rs 49.73 crore for the quarter ended on June 30, 2017.

Business Highlights for the Quarter Ended March 31, 2018

·         Monthly orders processed in Mutual Fund Segment increased by 152% to 70 lakh for the quarter ended June 30, 2018 from 28 lakh for the quarter ended June 30, 2017.

·         Currency Derivative Segment average daily turnover increased by 73% to Rs 31,418 crore for the quarter ended June 30, 2018 from Rs 18,148 crore for the quarter ended June 30, 2017.

·         Average daily turnover in India International Exchange (IFSC) Ltd., BSE’s wholly owned subsidiary at GIFT City, Gandhinagar increased by a phenomenal growth of 1108% to USD 447 million for the quarter ended June 30, 2018 from USD 37 million for the quarter ended June 30, 2017.

Commenting on financial performance for the quarter, Shri Ashishkumar Chauhan, MD & CEO, said: “BSE’s success of its Mutual Fund, Currency Derivatives, SME, India INX platforms has set the base for BSE to focus on growth of the next-gen products that cater to emerging India, efficiently scaling up our outreach to the financially excluded population of India. BSE continues to transform itself and act as a catalyst in the growth of financial disintermediation in India as we look at the newer and greener pastures available in the aggregation and distribution business of financial products.”

About BSE

BSE (formerly Bombay Stock Exchange) established in 1875, is Asia’s first & the world’s fastest Stock Exchange with a speed of 6 microseconds. BSE is India’s leading exchange group and has played a prominent role in developing the Indian capital market. BSE is a corporatized and demutualised entity, with a broad shareholder base that includes the leading global exchange- Deutsche Bourse, as a strategic partner. BSE provides an efficient and transparent market for trading in equity, debt instruments, equity derivatives, currency derivatives, interest rate derivatives, mutual funds and stock lending and borrowing.

BSE also has a dedicated platform for trading in equities of small and medium enterprises (SMEs) that has been highly successful. BSE provides a host of other services to capital market participants including risk management, clearing, settlement, market data services and education. It has a global reach with customers around the world and a nation-wide presence. BSE’s systems and processes are designed to safeguard market integrity, drive the growth of the Indian capital market and stimulate innovation and competition across all market segments.

Indian Clearing Corporation Limited, a wholly owned subsidiary of BSE, acts as the central counterparty to all trades executed on the BSE trading platform and provides full novation, guaranteeing the settlement of all bonafide trades executed. BSE Institute Ltd, another fully owned subsidiary of BSE runs one of the most respected capital market educational institutes in the country. Central Depository Services Ltd. (CDSL), associate company of BSE, is one of the two Depositories in India.

Media Contact

Yatin Padia

022 2272 8516

yatin.padia@bseindia.com