BSE s Q1 consolidated net profit from continuing operations up 4%
According to BSE consolidated net profit from continuing operations during quarter under review increased to Rs 51.50 crore from Rs 49.73 crore for the corresponding period of previous fiscal.
Besides the company s revenue from operations stood at Rs 116.99 crore up 6 per cent from Rs 110.47 crore reported for the quarter ended on June 30 2017.
Commenting on financial performance for the quarter BSE MD and CEO Ashishkumar Chauhan said: "BSE s success of its Mutual Fund Currency Derivatives SME India INX platforms has set the base for BSE to focus on growth of the next-gen products that cater to emerging India efficiently scaling up our outreach to the financially excluded population of India."
"BSE continues to transform itself and act as a catalyst in the growth of financial disintermediation in India as we look at the newer and greener pastures available in the aggregation and distribution business of financial products."
--IANS rv/vm