Mon Sep 16 10:00:42 UTC 2024: ## BSE Shares Soar 17% on Strong Q1 FY25 Earnings

**Mumbai, India:** Shares of BSE, India’s oldest stock exchange, surged over 17% on September 16th, hitting an all-time high of Rs 3,448 on the National Stock Exchange (NSE). The rally was driven by strong volume and impressive Q1 FY25 earnings.

BSE reported a near quadrupling of its net profit for the April-June period, excluding exceptional items. Net profit stood at Rs 265.05 crore, a remarkable 264% increase compared to the same quarter last year. Revenue from operations also surged over 180% year-on-year to Rs 607.7 crore, reflecting robust performance.

The company’s income from investments jumped 43% to Rs 62.9 crore in Q1FY25, while its operating EBITDA soared to Rs 284 crore from Rs 70 crore in the previous year. This translated to an impressive EBITDA margin of 47% for the quarter.

The stock has been on a winning streak, rallying 53% year-to-date, outperforming the Nifty’s 14% returns. In the past 12 months, the counter has zoomed 170%, more than doubling investors’ money.

Analysts attribute the stock’s performance to the company’s strong earnings, improved market sentiment, and increasing investor interest in the stock market.

**Disclaimer:** This information is for general knowledge and should not be considered financial advice. Consult with a certified financial expert before making any investment decisions.

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