BSE after-tax profit down in Q4; full year PAT almost unchanged at Rs212.94 crore
03 May 2010
Bombay Stock Exchange Ltd (BSE) reported a lower after-tax profit of Rs44.78 crore during the quarter ended 31 March 2910 against Rs47.97 crore in the similar quarter of the previous year. For the financial year ended 31 March 2010, BSE's after-tax profit was slightly higher at Rs212.94 crore against Rs212.18 crore in the previous financial year.
Profit before tax (PAT) stood at Rs55.74 crore in the January-March 2010 quarter against Rs65.00 crore in the previous-year quarter. For the 2009-2010 financial year BSE had a PAT of Rs288.20 crore against Rs266.02 crore in the previous financial year.
The net profit works out to earnings per share (basic and diluted) of Rs4.19 for the January-March 2010 quarter against Rs4.26 in the similar quarter of the previous fiscal. For the year as a whole, the dividend works out to Rs18.30 in the current fiscal against Rs18.67 in the previous financial year.
BSE's total income stood higher at Rs109.81 crore in the January-March 2010 quarter against Rs104.55 crore in the similar quarter of the previous fiscal. For the financial year 2009-10, BSE's total income rose to RS485.21 crore from Rs421.09 crore in the previous financial year.
Other income of the bourse was down at Rs12.26 crore from Rs13.47 in the similar quarter of the previous fiscal. For the financial year as a whole, however, other incomes were higher at Rs40.09 crore against Rs39.25 crore in the previous fianancial year.
The exchange's reserves rose to Rs1,881.74 crore from Rs1,717.95 crore in the previous fiscal.
Investment and deposits were lower at Rs48.53 crore in the January-March quarter at Rs201 crore against Rs58.72 crore in the similar quarter of the previous fiscal, while it stood at Rs245.72 crore in the 2009-10 financial year against Rs221.82 crore in the previous financial year.
Average daily turnover on the bourse rose toRs4,989 crore in the January-March 2010 quarter against Rs3,299 crore in the similar quarter in the previous fiscal. For the year as a whole, the average daily turnover was Rs5,651 crore during the current fiscal against Rs4,527 core in the previous fiscal.
During the January-March 2009-10 quarter BSE saw a jump in its income from members to Rs28.90 crore from Rs24.42 crore in the similar quarter of the pevious fiscal. During the year income from members rose to Rs134.44 crore from Rs123.70 crore in the previous financial year.
