BSE Ltd's Q3FY25 Quarter Results
- 07 Feb 2025
Result Summary
- BSE Ltd reported a 2.0% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 93.7%.
- Its expenses for the quarter were down by 4.7% QoQ and up 20.9% YoY.
- The net profit decreased 36.8% QoQ and increased 105.7% YoY.
- The earnings per share (EPS) of BSE Ltd stood at 16 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 835.42 | 818.98 | 431.35 | 2.0% | 93.7% |
Total Expenses | 368.13 | 386.46 | 304.52 | -4.7% | 20.9% |
Profit Before Tax | 268.12 | 432.33 | 126.83 | -38.0% | 111.4% |
Tax | 69.39 | 110.93 | 37.10 | -37.4% | 87.0% |
Profit After Tax | 218.59 | 345.77 | 106.27 | -36.8% | 105.7% |
Earnings Per Share | 16.00 | 25.30 | 7.90 | -36.8% | 102.5% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
BSE Ltd, also known as the Bombay Stock Exchange, is a well-established stock exchange and one of the oldest exchanges in Asia. It is primarily known for providing a platform for trading in securities, including equities, debt instruments, derivatives, and mutual funds. The company operates within the financial services industry and plays a pivotal role in the Indian capital markets. It offers various services such as market data dissemination, risk management, clearing and settlement of trades. As one of the premier exchanges in India, BSE Ltd is instrumental in facilitating investment and liquidity in the market. There are no recent major developments available from the provided data.
Revenue
In the third quarter of fiscal year 2025, BSE Ltd reported a total income of ₹835.42 crores, demonstrating a 2.0% increase from the previous quarter's total income of ₹818.98 crores. This reflects a significant year-over-year growth of 93.7% compared to the same quarter in the previous year, where the total income was ₹431.35 crores. Such growth in total income over the past year suggests substantial revenue generation and expansion in activities or services offered by the company, although specific sources of income are not detailed in the provided data.
Profitability
The profitability metrics for BSE Ltd in Q3FY25 highlight a profit before tax (PBT) of ₹268.12 crores, which has decreased by 38.0% from the previous quarter's PBT of ₹432.33 crores. Despite this quarter-over-quarter decline, the year-over-year increase in PBT is notable at 111.4%, as the figure was ₹126.83 crores in Q3FY24. The profit after tax (PAT) for Q3FY25 was ₹218.59 crores, also showing a decline of 36.8% from ₹345.77 crores in Q2FY25, but a year-over-year growth of 105.7% from ₹106.27 crores in Q3FY24. Tax expenses for the quarter were ₹69.39 crores, down 37.4% from the previous quarter, yet 87.0% higher than the same period last year. Earnings per share (EPS) stood at ₹16.00, reflecting a decrease from ₹25.30 in the preceding quarter but doubling from ₹7.90 in the prior year.
Operating Metrics
The operating metrics for BSE Ltd in the third quarter of fiscal year 2025 display a total expense of ₹368.13 crores. This represents a 4.7% decrease compared to the second quarter of the same fiscal year, where expenses were ₹386.46 crores. However, this is a 20.9% increase year-over-year from ₹304.52 crores in Q3FY24. The reduction in expenses quarter-over-quarter, alongside the significant increase year-over-year, suggests variations in operational activities or cost management strategies, although specific operational changes or strategies are not detailed in the provided data.
