MUMBAI: A combination of factors such as depressed trading volumes, prior period accounting adjustments and extraordinary expenses took their toll on the performance of BSE <http://economictimes.indiatimes.com/topic/BSE>(formerly the Bombay Stock Exchange<http://economictimes.indiatimes.com/topic/Bombay-Stock-Exchange>) in the quarter ended June 30, 2012.
Asia's oldest stock exchange posted a sharp 76% decline in its net profit to Rs 15.4 crore, while total income fell 9% to Rs 136.4 crore during the period. A break-up of BSE's revenues showed that income from stock exchange activity, including transaction charges and listing fees among major sources, amounted to Rs 95 crore, down 11% over the figure recorded in the quarter ended June 30, 2011. Income from depository activity decreased 9% to Rs 29.5 crore. Securities trading volume and turnover at BSE declined substantially in the last quarter due to generally dismal market<http://economictimes.indiatimes.com/topic/market>conditions. While volume fell 29% to 1,234 crore shares, turnover slipped 32% to Rs 1,28,275 crore in the period. -- CA. Rajesh Desai -- You received this message because you are subscribed to the Google Groups ""GLOBAL SPECULATORS"" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/globalspeculators?hl=en.
