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Journalism of Courage
Country’s premier stock exchange BSE Ltd today said it has posted marginally higher consolidated net profit of Rs 106.96 crore during the half- year ended September 2011 as compared to Rs 105.56 crore in the same period last year.
The exchange has also posted higher total income of Rs 279.03 crore in H1 FY 12 as compared to Rs 254.02 crore in H1 FY 11.
The exchange said it has fared well in quarter ended September 2011. The net profit remained strong at Rs 50.12 crore and total income at Rs 133.50 crore in the quarter ended September 2011,an exchange statement said here.
The total expenditure of BSE Ltd,formerly Bombay Stock Exchange Ltd,also increased from Rs 106.56 crore in H1 FY 11 to Rs 115.27 crore in H1 FY 12. The expenditure during Q2 FY 12 remained at Rs 60.13 crore,the release said.
The tax expenses claimed Rs 43.03 crore in H1 FY 12 as compared to Rs 39 crore in H1 FY 11.
The minority interest increased from Rs 6.09 crore to Rs 13.12 crore in half-year period.
BSE’s paid up capital (face value per share of Rs one each) remained at Rs 10.34 crore.
The exchange’s reserves (excluding revaluation reserves) stood at whopping Rs 2,114.46 crore as on March 2011.
