BSE Ltd Q3 FY2023-24 net profit at Rs. 90 crore

BSE Ltd., a leading stock exchange in the Finance sector, unveiled its financial results for the quarter ending December 31, 2023. The company's performance showcased a mix of trends with fluctuations observed in key financial metrics.

Sales Performance:

BSE Ltd. reported sales of ₹372 crore for Q3 FY24, indicating a significant increase of approximately 18.10% compared to the previous quarter. However, when compared to the same period last year (Q3 FY23), the company witnessed a decline in sales by approximately 50%.

EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization):

The company's EBITDA stood at ₹92 crore in Q3 FY24, reflecting a notable increase of approximately 87.18% compared to the previous quarter. However, in comparison to Q3 FY23, BSE Ltd. exhibited a decline in EBITDA by approximately 72.22%.

PAT (Profit After Tax):

BSE Ltd.'s PAT for Q3 FY24 was reported at ₹90 crore, marking a significant increase of approximately 90% compared to the previous quarter. However, in comparison to Q3 FY23, the company experienced a decline in PAT by approximately 61.46%.

BSE Ltd. displayed a mixed performance in its financial results, with significant fluctuations observed in sales, EBITDA, and PAT. Despite challenges in the finance sector, the company showcased resilience and strategic adaptability.

Source : Equity Bulls

Keywords

BSE Q3FY24 9MFY24 ResultUpdate