BSE posts 4-fold jump in Q2 net profit ...Middle East

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BSE posts 4-fold jump in Q2 net profit
Mumbai: BSE, the country’s leading stock exchange, has posted a four-fold jump in net profit at Rs 118.4 crore for the July-September quarter of the current financial year. The exchange had made anet profit of Rs 29.4 crore in the same quarter last year. The stock exchange’s revenue increased by 53 per cent to a record Rs 367 crore in the second quarter this year from Rs 240 crore in the same period of the previous financial year, according to a BSE statement. The exchange’s average daily turnover in the equity segment increased to Rs 5,922 crore in the second quarter from Rs 4,740 crore in the same three-month period last year. BSE’s board of directors have approved a fund infusion of Rs 2

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