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BSE's Q1 consolidated net profit at over Rs 32 cr
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SME Times News Bureau | 04 Aug, 2020
Stock market major BSE on Monday reported a consolidated net profit of Rs 32.48 crore for the first quarter (Q1) of 2020-21.
On sequential basis, the company has reported a consolidated net loss of Rs 1.91 crore during the fourth quarter of last fiscal.
On
standalone basis, the net profit for the quarter ended June 30, 2020
was up by Rs 30.75 crore to Rs 32.34 crore from Rs 1.59 crore in the
previous quarter.
"The growth of turnover in equity segment by 39
per cent in this quarter over corresponding quarter previous year is
highly encouraging. Coupled with the focus on "best price execution" of
trades by trading members, the prospects for growth in equity segment in
BSE also look brighter," Ashishkumar Chauhan, MD and CEO, BSE said in a
statement.
"Introduction of e-KYC services in the mutual fund
segment as a value added service as well as introduction of health and
life insurance segment in the insurance broking entity demonstrates the
relentless drive by BSE to provide more and better services to its
stakeholders and public."
In addition, the company's Board in its
meeting held on Monday has 'in-principle' approved exploration of the
possibility of unlocking value in BSE's distribution business of 'StAR
Mutual Fund' and appoint a merchant banker for the same.
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| Customs Exchange Rates |
| Currency |
Import |
Export |
US Dollar
|
₹95.3
|
₹93.6 |
UK Pound
|
₹127.7
|
₹123.7 |
Euro
|
₹110.65
|
₹106.9 |
| Japanese
Yen |
₹59.75 |
₹57.9 |
| As on 24 Jun, 2026 |
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