Shares of BSE Ltd. are trading with gains of as much as 6% on Wednesday, November 12, after the exchange reported a strong September-quarter performance, beating Bloomberg estimates across all major parameters.

Net profit rose 3.5% sequentially to ₹557 crore, which is 10.5% above Bloomberg consensus, led by robust operating revenue despite higher costs and lower investment income.

Revenue surged 44.1% year-on-year to ₹1,068 crore from ₹741 crore. On a quarterly basis, operating revenue grew 11.5% to ₹1,068 crore, 6.7% ahead of estimates.

Growth was driven by a 31% quarter-on-quarter jump in services to corporates and a 33% rise in other operating income, partly offset by a 6% decline in treasury income.

Transaction charges, the largest revenue contributor, increased 8% sequentially.

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