BSE (BSE) Q3 25/26 earnings summary

Executive summary

• Delivered 11th consecutive quarter of record revenues, with consolidated revenues of INR 1,334 crores, up 62% year-on-year for Q3 FY2026.

• Net profit attributable to shareholders more than doubled to INR 602 crores, a 176% year-on-year increase.

• Celebrated 150 years of service, with a strong leadership team and diversified business lines across equity, derivatives, mutual funds, and corporate services.

• Market capitalization of listed companies reached $5.3 trillion, with over 238 million registered investors and significant pan-India reach.

• Unaudited consolidated and standalone financial results for the quarter and nine months ended December 31, 2025, were approved by the Board on February 9, 2026.

Financial highlights

• Consolidated revenue for 9M FY26 was Rs. 35,179 million, with EBITDA at Rs. 22,854 million and net profit at Rs. 16,918 million.

• Operational revenues rose 62% to INR 1,244 crores; transaction charges up 86% to INR 953 crores.

• Consolidated total income for Q3 FY26: ₹1,33,395 lakhs, up from ₹1,13,953 lakhs in Q2 FY26 and ₹82,935 lakhs in Q3 FY25.

• Net profit after tax for Q3 FY26: ₹59,659 lakhs, up from ₹21,713 lakhs in Q3 FY25.

• Cumulative nine-month revenues reached INR 3,518 crores, surpassing the previous full-year total.

Outlook and guidance

• Healthy IPO pipeline, sustained retail participation, and expanding adoption of trading and clearing platforms position the company for continued growth.

• Focus on increasing market share across all segments, leveraging innovation, and expanding digital and platform services.

• Impact of new Labour Codes assessed, with incremental expenses recognized for gratuity obligations; further impact to be evaluated as rules are notified.