BSE Stock Rally: Stock exchange BSE's shares witnessed sharp buying interest over the past few days, rewarding investors with a weekly gain of 37.3 per cent. Many analysts believe that the strong rally in the BSE stock, amid the country's booming retail investor base, was also supported by capital market regulator SEBI's move to dismiss regulatory violation charges against rival exchange NSE in the co-location matter. With the matter out of the way, NSE has crossed a significant hurdle in the way of a potential IPO. 

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BSE shares finished the week at Rs 3,985-odd levels in a significant surge from levels to the tune of Rs 2,902-2,903 a week ago. To put things into perspective, 10 units of BSE shares, worth Rs 29,027 a week ago, are now worth Rs 39,849.5—a gain of Rs 9,849.5 on every Rs 29,027 spent a week ago (excluding trading charges). 

The stunning rally has taken BSE shares' overall gains to more than 79 per cent so far this year, outperforming an 18.7 per cent rise in the headline Nifty50 index.  

Trading activity has grown exponentially over the past few years, in tandem with a significant rise in investor base. Most analysts have positive views on the BSE stock given its market position and strong technological infrastructure. 

How BSE performed in Q1 FY25

The bourse kicked off the financial year on a strong note with a record set of earnings for its first three months driven by growth across sectors.

Its net profit surged to Rs 265 crore with revenue of Rs 674 crore, and up 253 per cent and 149 per cent respectively. 

Its consolidated operating EBITDA increased more than four times to Rs 284 crore from Rs 70 crore a year ago, with EBITDA margin expanding to 47 per cent from 33 per cent, according to a statement. 

The stock exchange said that 7.7 billion contracts in equity derivatives segment were traded in the April-June period, generating a total revenue of Rs. 242 crore.

The number of transactions on its BSE StAR MF platform grew 72 per cent to 14.1 crore, with the exchange maintaining a market share of 90 per cent, it said. 

Here's a summary of its financial results: 

Particulars Q1 FY25 Q1 FY24 YoY Growth
(Rs crore) (Rs crore)
Total Revenue 674 271  149%
Revenue from Operations 608 216   182%
Less: Operating Expenses 324 146 122%
Operating EBIDTA 284 70 306%
Operating EBIDTA Margin 47% 33%  
Add: Other Income 67 56    20%
Less: Depreciation and Interest costs 24 28 14%
Profit before Tax and share of associates 327 98  234%
Add: Share of Profit of Associates 23 12    91%
Less: Taxes 85 37 129%
Net Profit 264 73 264%
Net Profit attributable to shareholders 265 75 253%

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