Mumbai: BSE Ltd.’s shares rose nearly 10 per cent on Wednesday after it reported a massive increase in net profit for the fourth quarter of FY25. The stock hit a new all-time high of Rs 6,847.5 and later traded 6.63 per cent higher at Rs 6,658.
The stock has recovered more than 80 per cent since hitting a low of Rs 3,682 in early March. So far in 2025, the stock has gained around 25 per cent, while the Nifty 50 index is up only 3 per cent.
Strong Q4 and Annual Financial Results
For Q4FY25, BSE’s net profit jumped to Rs 494 crore, up from Rs 107 crore in the same quarter last year. Total income also rose to Rs 926.4 crore from Rs 543.3 crore year-on-year.
For the full FY25, the exchange reported a profit of Rs 1,322 crore, more than three times the Rs 404 crore earned in FY24. Total income doubled to Rs 3,236 crore from Rs 1,596 crore.
Dividends Announced
BSE declared two types of dividends for FY25:
- Special dividend: Rs 5 per share
- Normal dividend: Rs 18 per share
This reflects the company’s strong financial performance and confidence in future growth.
Regulatory News Helps BSE Rally
The stock’s recent 80 per cent rally started after its main competitor, NSE, postponed a plan to shift its contract expiry day from Thursday to Monday. SEBI, the market regulator, suggested that expiry days should only be Tuesday or Thursday.
This was good news for BSE because its derivatives contracts already expire on Tuesdays. If NSE had moved to Monday, it might have reduced BSE’s trading volumes. The SEBI proposal protects BSE’s current position.
NSE Performance in Q4FY25
NSE’s Q4 net profit grew 6.5 per cent year-on-year to Rs 2,650 crore, but fell 31 per cent compared to the previous quarter. Its revenue dropped 18 per cent year-on-year to Rs 3,771 crore. Trading volumes, especially in derivatives, were lower, affecting income.
About BSE
BSE is India’s oldest stock exchange. It earns revenue mainly from trading fees, listing fees, and selling technology services to market participants.
