On Tuesday, the Bombay Stock Exchange (BSE) announced that it recorded a massive 364% rise in profits in the fourth quarter of January-March of the 2024-25 financial year (Q4 FY25), standing at Rs 493.04 crore, compared to Rs 106.16 crore in the corresponding period last year.
The BSE also experienced a strong growth in its revenue from core operations, which increased 75% to Rs 847 crore in Q4, from Rs 484 crore in the same quarter last year, according to the company's consolidated financial results.
Apart from the robust financial numbers, the BSE declared a final dividend of Rs 23 per share for its shareholders. This comprises a special dividend of Rs 5 per share to commemorate the company's 150th anniversary and a regular one of Rs 18 per share. Both the dividends are on shares of face value of Rs 2 each.
The firm said the dividend proposal would be placed before the shareholders for consideration at the 20th Annual General Meeting to be held later.
Wednesday, May 14, is the 'Record Date' to determine the eligible shareholders for the dividend and BSE intends to pay the dividend on or before Thursday, September 18, as per its exchange filing.
Earlier this month, the BSE had also announced a Rs 15 per share dividend, the year-to-date dividend rising to Rs 38 per share.
Even as much as the financial figures and the dividend announcement impressed, BSE shares fell 3.15% on Tuesday, to Rs 6,250, from Rs 6,453.50 in the last session.
BSE shares have returned an impressive 4,785% or more in the past five years to the shareholders. The company has achieved a return of 119% single-handedly in the last year, which indicates investors' confidence and stable performance.
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