India's BSE posts higher second-quarter profit

India’s BSE Ltd reported a 45% increase in second-quarter profit on Wednesday, alongside gains in its share of the derivatives market. The exchange operator’s consolidated net profit reached 8.09 billion rupees ($85.42 million) for the quarter ended September 30, compared with 5.58 billion rupees in the same period a year earlier.

Business Recorder reported the results, which show a higher year-on-year profit for the Indian exchange operator. The reported figures cover the three months through September 30, while the derivatives-market share gain was cited alongside the earnings increase. This is a corporate earnings update concerning an Indian market operator, rather than a result from a Pakistani listed company.