Country The net profit of BSE, the leading stock exchange of India, has more than tripled to Rs 265 crore in the April-June quarter of the current financial year. Its net profit was Rs 75 crore in the same quarter of the last financial year. In a notice given to the stock market on Wednesday, BSE said that its income in the June quarter was Rs 674 crore, which is its highest ever in any quarter. Its income in the same quarter last year was Rs 271 crore. BSE Managing Director and Chief Executive Officer (CEO) Sundararaman Ramamurthy said, “Our performance in the first quarter has been strong. Every business has contributed to the income and profit.”
NSE’s profit increased by 39%
The consolidated net profit of the National Stock Exchange (NSE) in the first quarter of the current financial year ended June 2024 increased by 39 per cent year-on-year to Rs 2,567 crore. The consolidated operating income of NSE in the April-June quarter of the current financial year increased by 51 per cent to Rs 4,510 crore. On a standalone basis, NSE earned a net profit of Rs 1,960 crore in the quarter under review, as against Rs 1,598 crore in the same period a year ago. NSE recorded a total operating income of Rs 4,051 crore in the first quarter, an increase of 43 per cent year-on-year from Rs 2,833 crore in the same quarter last year. The total expenses of NSE on a standalone basis stood at Rs 1,762 crore in the quarter under review.
14,003 crore rupees went into the government treasury
NSE said it has contributed Rs 14,003 crore to the government exchequer for the first quarter of the current financial year. Of this, STT/CTT (commodity transaction tax) comprises Rs 12,054 crore, stamp duty (Rs 1,018 crore), GST (Rs 362 crore), SEBI charges (Rs 333 crore) and income tax (Rs 236 crore).
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