 "stock market")
Despite stellar listing gains, December quarter (Q3) results of BSE failed to generate excitement. After results, the BSE stock touched a low of Rs 988 and closed just above Rs 1,000, possibly on single-digit revenue growth posted by the exchange firm for Q3.
While core segment revenue at Rs 126.5 crore (72 per cent of total income) grew 11 per cent year over year, ancillary business of depositary posted revenue growth of only 2.5 per cent. Total revenue grew 8.8 per cent year over year to Rs 174.7 crore in Q3. However, costs, particularly manpower expenses, weren't kept in
While core segment revenue at Rs 126.5 crore (72 per cent of total income) grew 11 per cent year over year, ancillary business of depositary posted revenue growth of only 2.5 per cent. Total revenue grew 8.8 per cent year over year to Rs 174.7 crore in Q3. However, costs, particularly manpower expenses, weren't kept in
