BSE Q2 Results 2024: Profit Soars by 187.76% Year-Over-Year
BSE Q2 Results 2024 show a remarkable revenue increase of 124.66% YoY, with profit rising to ₹346.75 crore and revenue reaching ₹813.3 crore.
BSE Q2 Results 2024:BSE declared its Q2 results for the fiscal year 2024 on 12 November 2024, showcasing impressive growth metrics. The company's topline surged by 124.66% year-over-year, reflecting robust business operations and market demand.
The profit for the quarter stood at ₹346.75 crore, marking a staggering increase of 187.76% compared to the same period last year. This positive trend signals BSE's effective strategies and operational efficiencies that have contributed to its impressive financial performance.
Quarter-over-quarter, BSE's revenue grew by 21.27%, while profit increased by 30.82%, indicating consistent growth in both top and bottom lines. The operational income also saw a significant uptick, rising by 32.11% on a quarterly basis and an impressive 167.88% year-over-year.
The Earnings Per Share (EPS) for Q2 was reported at ₹25.26, which marks an extraordinary increase of 188.03% year-over-year, further highlighting the company's strong profitability.
Despite a recent dip, with BSE shares delivering a -4.11% return in the last week, the stock has shown remarkable resilience over the longer term, posting a 58.11% return over the last six months and a staggering 102.22% year-to-date return.
As of the latest report, BSE maintains a market capitalization of ₹60,808.35 crore, with its stock trading between a 52-week high of ₹4,989.8 and a low of ₹1,941.05, showcasing its volatile yet promising market positioning.
BSE Financials
| Period | Q2 | Q1 | Q-o-Q Growth | Q2 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 813.3 | 670.64 | +21.27% | 362.02 | +124.66% |
| Selling/ General/ Admin Expenses Total | 244.65 | 241.34 | +1.37% | 171.54 | +42.62% |
| Depreciation/ Amortization | 29.14 | 23.95 | +21.67% | 22.67 | +28.54% |
| Total Operating Expense | 386.65 | 347.7 | +11.2% | 202.75 | +90.7% |
| Operating Income | 426.65 | 322.94 | +32.11% | 159.27 | +167.88% |
| Net Income Before Taxes | 456.7 | 349.37 | +30.72% | 181.97 | +150.98% |
| Net Income | 346.75 | 265.05 | +30.82% | 120.5 | +187.76% |
| Diluted Normalized EPS | 25.26 | 19.3 | +30.88% | 8.77 | +188.03% |
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