Wednesday 22nd May 2024

BSE declares a Final Dividend of Rs 21 per equity share of Rs 2 each for FY2020-21.

May 13th, 2021 8:38 pm | By | Category: LATEST NEWS

ashish chauhan bse

Ashishkumar Chauhan
(MD&CEO) BSE Limited.


(THE NEWSMAN OF INDIA.COM)
MUMBAI, May 13, 2021: BSE Ltd. (BSE), Asia’s oldest and first universal exchange and World’s fastest exchange with a speed of 6 microseconds, announced its audited consolidated and standalone financial results for the quarter ended and year end March 31, 2021.

The Board of directors of BSE Limited has recommended a final dividend of Rs 21 per equity share having face value of Rs 2 for the financial year 2020-21, subject to the approval of the shareholders in the ensuing annual general meeting. The total payout with a dividend payout ratio of 99% of the current year profits would be Rs 96.19 crore.

Commenting on financial performance for the quarter ended, Ashishkumar Chauhan, MD & CEO, said: “BSE has time and again proved itself as the most technologically advanced exchange in India by providing fastest trade execution time and uninterrupted services on a consistent basis over many years. The efforts made towards building and maintaining its technology prowess combined with culture of customer first, new initiatives and continuous innovation has started to reflect in the business growth and financial performance.”

BSE declares a Final Dividend of Rs 21 per equity share of Rs 2 each for FY2020-21.

· Consolidated Net profit attributable to the shareholders for the quarter ended March 31, 2021 up to Rs 32.57 crore from loss of Rs. 1.31 crore in corresponding quarter of previous year.

· Consolidated Operating EBITDA for the quarter ended March 31, 2021 up to Rs 37.25 crore from loss of Rs. 22.15 crore in corresponding quarter of previous year.

· Consolidated Operating EBITDA Margin for the quarter ended March 31, 2021 is 24% as compared to negative 19% in corresponding quarter previous year.

· 62% increase in Mutual fund order received for the quarter ended March 31, 2021 month as compared to corresponding quarter previous year.

· 92% increase in average daily turnover in Equity segment to Rs 5,807 crore for the quarter ended March 31, 2020 as compared to the Rs 3,024 crore during corresponding quarter previous year.

Government News

Comments are closed.