BSE Q2 profit falls 7 pc sequentially to Rs 809 crore; revenue declines 8.5 pc

In Short

BSE reports a 7.4% sequential decline in Q2 FY27 net profit to Rs 809.15 crore and an 8.5% drop in revenue, despite strong year-on-year growth.

BSE Q2 profit falls 7 pc sequentially to Rs 809 crore; revenue declines 8.5 pc
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BSE Q2 profit falls 7 pc sequentially to Rs 809 crore; revenue declines 8.5 pc

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Mumbai: BSE Limited on Wednesday reported a sequential decline in earnings for the September quarter (Q2 FY27), with revenue, net profit and operating profit moderating from the record levels seen in the June quarter (Q1 FY27).

The exchange reported a net profit of Rs 809.15 crore for the quarter ended September 2026, down 7.4 per cent from Rs 874.02 crore in the preceding quarter.

Revenue also declined 8.5 per cent on a quarter-on-quarter basis to Rs 1,432.6 crore from Rs 1,566.02 crore, while EBITDA slipped 8.2 per cent to Rs 984 crore from Rs 1,071.9 crore.

Even as absolute earnings softened sequentially, profitability remained resilient. EBITDA margin improved marginally to 68.7 per cent from 68.45 per cent in the June quarter.

On a year-on-year basis, BSE delivered strong growth across key metrics. Net profit surged 44.9 per cent from Rs 558.43 crore in the corresponding quarter last year, while revenue rose 34.1 per cent from Rs 1,068.4 crore.

EBITDA increased 42.4 per cent from Rs 690.9 crore a year earlier, and EBITDA margin expanded to 68.7 per cent from 64.66 per cent.

Alongside its quarterly results, the exchange announced key corporate developments. BSE's board approved the appointment of Ashutosh Singh as Executive Director – Business (Vertical 3) for a five-year term effective November 30, 2026, subject to shareholder ratification.

The company also said it has accepted an offer from the Mumbai Metropolitan Region Development Authority (MMRDA) for the allotment of a plot at Bandra Kurla Complex in Mumbai.

The proposed site will be used to develop additional premises and infrastructure facilities for the exchange.

The allotment remains subject to documentation, regulatory conditions and execution of definitive agreements with the MMRDA.

Ahead of the earnings announcement, shares of BSE settled 1.75 per cent lower at Rs 3,601.50 on the NSE, down Rs 64.20 from the previous close.

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