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BSE reports 71% decline in Q4 net profit to Rs 12 crore

BSE, the leading stock exchange has reported 71.53 percent decline in the consolidated net profit to Rs 12.02 crore in the fourth quarter ended March 31, 2015-16.

According to the latest update available with BSE website, the exchange had a net profit of Rs 42.23 crore during January-March period of 2014-15.

Though the total income has been increased to Rs 173.27 crore in the fourth quarter ended March 31, from Rs 152.24 crore in the year ago period.

During the quarter under review, the overall expenses has increased to Rs 110.56 crore from Rs 97.71 crore in January-March quarter of 2014-15 mainly on account of employee and administration related spending.

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