Leading stock exchange BSE on Wednesday reported a 23 per cent decline in net profit to Rs 40 crore for three months ended June 2022.
In comparison, the exchange had posted a net profit of Rs 51.9 crore in the year-ago period, BSE said in a statement.
Total revenues grew by 6.4 per cent to Rs 197.7 crores for the period under review from Rs 185.7 crore in the corresponding quarter previous year.
BSE's average daily turnover in the equity segment dropped 28 per cent to Rs 4,057 crore in the June quarter this year as compared to last year and average daily turnover in the equity derivatives segment fell by 62 per cent to Rs 1.2 lakh crore.
On the other hand, the exchange's managed to increase average daily turnover in the currency derivatives segment by 4 per cent to Rs 24,567 crore.
During the quarter under review, the BSE platform has enabled issuers to raise Rs 3.1 lakh crore through issue of equity bonds, commercial papers, municipal bonds, infrastructure investment trusts (InvITs) among others.
The total number of investor accounts registered with BSE now stands at over 11 crore and continues to move up. This number has more than doubled in the last two years.
The exchange's mutual fund distribution platform -- BSE StAR MF -- recorded its highest-ever quarterly transactions of 5.9 crore in the first quarter of FY23, a growth of 68 per cent from 3.5 crore transactions registered in the same period last year.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
You’ve hit your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Quarterly Starter
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Access to Exclusive Premium Stories Online
Over 30 behind the paywall stories daily, handpicked by our editors for subscribers


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app