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Showing posts with the label BSE Limited’s Strong FY2024: What Drove the Growth?

BSE Limited’s Strong FY2024: What Drove the Growth?

 BSE Limited, India’s oldest stock exchange, has had quite the year. From higher revenues to surging profits and a booming stock price, the company has proven its strength and relevance in today’s fast-paced financial world. Let's take a look at how BSE performed over the last year and what it means for investors. đŸ§¾ Breaking Down the Numbers – Quarter by Quarter Q1 FY24 (April–June 2023): BSE got off to a great start. Revenue stood at ₹259.6 crore, while net profit skyrocketed to ₹442.7 crore. This jump was mainly due to a one-time exceptional gain. Earnings per share (EPS) hit ₹32.21—a strong signal of profitability. Q2 FY24 (July–September 2023): Revenues climbed to ₹362 crore, though net profit normalized to ₹120.5 crore as the one-time gain wasn’t repeated. Still, this was a solid quarter, showing the company could deliver consistently without relying on special items. EPS came in at ₹8.77. Q3 FY24 (October–December 2023): This was BSE’s busiest season, with revenues ...