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BSE reports 11 per cent increase in Q3 net profit

Tanay Loya
/ Categories: Mindshare, Markets
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BSE Limited, Asia’s oldest stock exchange, announced its unaudited consolidated financial results for Q3FY18 on Friday.

The company’s revenues from Operations for the quarter increased by 45 per cent to Rs. 125.70 crore from Rs. 86.40 crore for the quarter ended on December 31, 2016, whereas its EBITDA for the quarter ended on December 31, 2017 increased by 46 per cent to Rs. 80.74 crore from Rs. 55.21 crore in the same period last year.

The company's Net Profit for the quarter ended on December 31, 2017 increased by 11 per cent to Rs. 58.67 crore from Rs. 52.77 crore in the same quarter last fiscal. BSE's earnings per share from Continuing Operations and Total Operations for the quarter stood at Rs. 10.75 per equity share.

At 14:05 hours on Friday, BSE Ltd was trading at Rs. 849.60 per share, down Rs. 21.20 or 2.43 per cent on NSE. Whereas BSE Sensex was at 35,266, down 640 points or 1.77 per cent and Nifty was at 10,809, down 201 points or 1.83 per cent. The scrip opened at Rs. 870 per share and touched a 52-week low Rs. 842.45 per share on NSE. The stock attracted a traded volume of 3,41,870 shares on NSE.

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