Media Release
Consolidated Revenue from Operations up by 28% to Rs 476.98 crore for the year ended March 31, 2018 from Rs 373.65 crore for the year ended March 31, 2017
Consolidated EBITDA up by 24% to Rs 321.94 crore for the year ended March 31, 2018 from Rs 260.13 crore for the year ended March 31, 2017
Consolidated Net Profit up by 222% to Rs 711.28 crore for the year ended March 31, 2018 from Rs 220.57 crore for the year ended March 31, 2017
ü Currency Derivative Segment average daily turnover increased by 77% to Rs 21,625 crore for Q4FY18 from Rs 12,215 crore in Q4FY17.
ü Monthly orders processed in Mutual Fund Segment increased by 176% to 21 lakh for Q4FY18 from 7.6 lakh in Q4FY17.
ü Average daily turnover in India International Exchange (IFSC) Ltd., BSE’s wholly owned subsidiary at GIFT City, Gandhinagar was USD 240 million for Q4FY2018 from USD 3 million for Q4FY17.
ü Final dividend of Rs 31 per equity share proposed in addition to the interim dividend of Rs 5 per equity share paid in February 2018 taking the total dividend for the financial year to Rs 36 per equity share.
MUMBAI, May 4, 2018 : BSE Ltd. (BSE), Asia’s oldest and World’s fastest exchange with a speed of 6 microseconds, announced its audited consolidated financial results for the fourth quarter and year ended March 31, 2018.
Financial Highlights at a Glance:
|
Particulars
|
Q4 FY18 (Rs crores)
|
Q4 FY17 (Rs crores)
|
YoY Growth
|
FY17-18
(Rs crores)
|
FY16-17
(Rs crores)
|
YoY Growth
|
|
Revenue from Operations
|
136.57
|
114.83
|
↑ 19%
|
476.98
|
373.65
|
↑ 28%
|
|
EBITDA
|
85.19
|
69.16
|
↑ 23%
|
321.94
|
260.13
|
↑ 24%
|
|
Net Profit from continuing operations
|
62.08
|
49.15
|
↑ 26%
|
237.31
|
178.51
|
↑ 33%
|
|
Net Profit attributable to the shareholders of the Company
|
62.08
|
60.11
|
↑ 3%
|
711.28
|
220.57
|
↑ 222%
|
|
Total comprehensive income attributable to the shareholders of the Company
|
62.41
|
54.96
|
↑ 14%
|
711.41
|
214.31
|
↑ 232%
|
Financial Highlights for Year Ended on March 31, 2018
Ø Year ended on March 31, 2018
· Revenue from Operations for the year ended March 31, 2018 increased by 28% to Rs 476.98 crore from Rs 373.65 crore for the year ended on March 31, 2017
· EBITDA for the year ended March 31, 2018 increased by 24% to Rs 321.94 crore from Rs 260.13 crore in the year ended on March 31, 2017
· Net Profit from continuing operation for the year ended March 31, 2018 increased by 33% to Rs 237.31 crore from Rs 178.51 crore in the year ended on March 31, 2017
· Net Profit attributable to shareholders of the Company for the year ended March 31, 2018 increased by 222% to Rs 711.28 crore from Rs 220.57 crore in the year ended on March 31, 2017
· Earnings per share from Continuing Operations after exceptional items for the year ended on March 31, 2018 at Rs 43.51 per equity share.
· Earnings per share from Total Operations after exceptional items for the year ended on March 31, 2018 at Rs 130.41 per equity share.
Ø Quarter ended on March 31, 2018
· Revenue from Operations for the quarter ended March 31, 2018 increased by 19% to Rs 136.57 crore from Rs 114.83 crore for the quarter ended on March 31, 2017 and increased by 9% from Rs 125.70 crore for the quarter ended on December 31, 2017.
· EBITDA for the quarter ended on March 31, 2018 increased by 23% to Rs 85.19 crore from Rs 69.16 crore in the quarter ended on March 31, 2017 and increased by 6% from Rs 80.74 crore for the quarter ended December 31, 2017.
· Net Profit from continuing operation for the quarter ended on March 31, 2018 increased by 26% to Rs 62.08 crore from Rs 49.15 crore in the quarter ended on March 31, 2017.
· Net Profit for the quarter ended on March 31, 2018 increased by 3% to Rs 62.08 crore from Rs 60.11 crore in the quarter ended on March 31, 2017 and increased by 6% from Rs 58.67 crore for the quarter ended December 31, 2017.
· Earnings per share from Continuing Operations after exceptional items for the quarter ended on March 31, 2018 is Rs 11.41 per equity share.
Business Highlights for the Quarter Ended March 31, 2018
· Monthly orders processed in Mutual Fund Segment increased by 176% to 21 lakh for the quarter ended March 31, 2018 from 7.6 lakh for the quarter ended March 31, 2017
· Currency Derivative Segment average daily turnover increased by 77% to Rs 21,625 crore for the quarter ended March 31, 2018 from Rs 12,215 crore for the quarter ended March 31, 2017
· Average daily turnover in India International Exchange (IFSC) Ltd., BSE’s wholly owned subsidiary at GIFT City, Gandhinagar was USD 240 million for the quarter ended March 31, 2018 from USD 3 million for the quarter ended March 31, 2017.
· Equity Cash Segment average daily turnover decreased by 31% to Rs 4,711 crore for the quarter ended March 31, 2018 from Rs 6,810 crore for the quarter ended March 31, 2017
Commenting on financial performance for the year, Shri Ashishkumar Chauhan, MD & CEO, said: “BSE’s growth in financial year 2017-18 is attributable to the its technological edge, superior planning & execution capabilities. BSE would continue to focus on providing more value added and new products and services for inclusive growth of all its stakeholders.”
About BSE
BSE (formerly Bombay Stock Exchange) established in 1875, is Asia’s first & now the world’s fastest Stock Exchange with a speed of 6 microseconds. BSE is India’s leading exchange group and has played a prominent role in developing the Indian capital market. BSE is a corporatized and demutualised entity, with a broad shareholder base that includes the leading global exchange- Deutsche Bourse, as a strategic partner. BSE provides an efficient and transparent market for trading in equity, debt instruments, equity derivatives, currency derivatives, interest rate derivatives, mutual funds and stock lending and borrowing.
BSE also has a dedicated platform for trading in equities of small and medium enterprises (SMEs) that has been highly successful. BSE provides a host of other services to capital market participants including risk management, clearing, settlement, market data services and education. It has a global reach with customers around the world and a nation-wide presence. BSE’s systems and processes are designed to safeguard market integrity, drive the growth of the Indian capital market and stimulate innovation and competition across all market segments.
Indian Clearing Corporation Limited, a wholly owned subsidiary of BSE, acts as the central counterparty to all trades executed on the BSE trading platform and provides full novation, guaranteeing the settlement of all bonafide trades executed. BSE Institute Ltd, another fully owned subsidiary of BSE runs one of the most respected capital market educational institutes in the country. Central Depository Services Ltd. (CDSL), associate company of BSE, is one of the two Depositories in India.
Media Contact
Yatin Padia / Rahul Vyas
022 2272 8516 / 2272 8472
yatin.padia@bseindia.com / Rahul.vyas@bseindia.com