BSE's fourth quarter net loss of Rs 1.5 crore

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(Commercial Representative) Mumbai, May 22, 2020, Friday

The Bombay Stock Exchange (BSE), the country's leading stock exchange, has reported poor results for the fourth quarter ended March 31, 2020. The company has posted a net loss of Rs 1.5 crore for the quarter. The company had posted a net profit of Rs 41.5 crore in the same quarter last year. The company's total revenue has come down to Rs 12.5 crore from Rs 19.05 crore. The Board of Directors of BSE has recommended a final dividend of Rs 15 per share. The total pay-out will be Rs 4.5 crore and the profit will be 3%.

In the full financial year 2015-16, the net profit of the exchange has come down from Rs 12.5 crore to Rs 120.71 crore. Total income has come down to Rs 20 crore from Rs 2.5 crore. Ashish Kumar Chauhan, Managing Director and CEO, BSE, said, "Rupee-based currency derivatives have been introduced by BSE's International Exchange India INX and trading has started in most of the currencies on its trading platform."

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