BSE announced a consolidated net profit of ₹219 crore for the quarter ending in December, reflecting a 106 per cent increase from the same period a year ago. The revenue from operations also surged by 108 per cent to reach ₹774 crore compared to the previous year.
During the quarter, the exchange witnessed an average daily turnover of ₹6,800 crore, up from ₹6,643 crore in the corresponding quarter of the previous year. In the derivatives segment, the average daily premium turnover stood at ₹8,758 crore for the quarter, significantly higher than the ₹2,550 crore recorded in the same period last year.
BSE made its foray into the single stock derivatives space starting from July 1, 2024, introducing mid-month expiry on the second Thursday of each month. As of now, 174 members have participated in single stock futures trading, while 139 members have engaged in single stock options trading. The total turnover in single stock futures since the relaunch amounts to ₹564 crore, with ₹498 crore in single stock options.
In a strategic move, BSE decided to change the expiry day of its Sensex and Bankex contracts from Friday and Monday, respectively, to Tuesday starting January 4, 2025. While the Sensex contracts continue to exhibit liquidity, BSE is actively working towards revitalizing liquidity in its Bankex contracts, according to a statement released by the exchange.
The financial results signify BSE’s continued growth and strategic initiatives to enhance its offerings and market positioning.
