BSE posts Rs140.48 crore total income in Q2 FY 10

BSE posts Rs140.48 crore total income in Q2 FY 10

Mumbai: The Bombay Stock Exchange (BSE)’s total income jumped to Rs140.48-crore during Q2 FY 10 from Rs103.57-crore in the last year.

The Exchange, Asia’s oldest bourse, has registered a total income of Rs256.20-crore in H1 FY 10, an Exchange release said.

It clocked a total income of Rs421.09-crore in FY 09.

However, the Exchange has registered a marginal decline in its profit after tax for the quarter ended September 2009 at Rs55.48-crore as compared to Rs57.77-crore in the corresponding period last year, the release said.

The average daily turnover of the Exchange rose to Rs6,024-crore from Rs5,186-crore last year.

Income from its trading members scaled up to Rs39.04- crore during the September quarter which in the corresponding previous quarter stood at Rs35.39-crore.

The Exchange spent more on IT-related expenses as its expenditure on computer technology more than doubled to Rs21.75-crore from Rs10.75-crore last year in the same quarter.

The earning per share for the quarter stood at Rs4.7 as against Rs5.37 last year.

Exchange’s paid-up share capital stood at Rs10.29-crore in Q2 FY 10 as against Rs0.79-crore in the same period last year. The reserves of the Exchange stands at Rs1,717.95-crore as on March 2009.