BSE Q4FY26 results: Profit up 61%, ₹10 dividend

Key takeaway from BSE’s March-quarter print

BSE, India’s oldest stock exchange, reported a strong March-quarter (Q4FY26) performance with sharp year-on-year growth in both profit and revenue from operations. The numbers reflected higher activity-led income, especially transaction charges, even as some non-core lines such as treasury income and listing services weakened. The board also announced a final dividend, setting key dates that shareholders will track in the coming months.

Net profit jumps on a year-on-year basis

BSE reported consolidated net profit for Q4FY26 at about ₹795-797 crore, up from about ₹494 crore in Q4FY25, translating into roughly a 61% rise. The profit after tax (PAT) reported in the update is attributable to shareholders of the holding company. On a sequential basis, PAT rose 32% versus ₹602 crore reported in Q3FY26. The quarter’s profit momentum came alongside a steep rise in operating income during a period of elevated market activity.

Revenue from operations rises 85% in Q4FY26

Revenue from operations rose to about ₹1,563-1,564 crore in Q4FY26, compared with about ₹847 crore in Q4FY25, an 85% year-on-year increase. Sequentially, revenue was up around 25-26% from ₹1,244 crore in Q3FY26. The quarter also saw profit before tax (PBT) reported at ₹1,063.45 crore, up about 61% year-on-year.

Transaction charges remain the main driver

Transaction charges continued to be the largest contributor to BSE’s revenue mix. Income from transaction charges was reported at ₹1,311 crore in Q4FY26. This was described as a 114% year-on-year jump versus ₹953 crore in the year-ago quarter in one report, and another report compared it with ₹611.7 crore in the same quarter a year ago. On a quarter-on-quarter basis, transaction charges rose 38% from ₹612 crore in Q3FY26. The company also noted that income from transaction charges depends on market activity.

Treasury income and listing services soften

While transaction-linked income surged, treasury income and listing services were weaker. Treasury income fell to ₹40 crore, down 6% quarter-on-quarter and 9% year-on-year. Revenue from listing services came in at ₹119 crore, down 24% quarter-on-quarter and 5% year-on-year. The contrast highlights how BSE’s quarterly performance can be heavily influenced by trading and derivatives activity, even when other business lines are stable to soft.

Expenses rise across key cost heads

BSE reported expenses of ₹557 crore in Q4FY26. This compared with ₹511 crore in Q3FY26 and ₹392 crore in Q4FY25, implying a 9% sequential increase and a 42% year-on-year rise. The company said expenses were incurred on technology, regulatory contribution, employee benefits, and clearing and settlement expenses. The higher cost base came in a quarter where revenue growth outpaced the rise in expenses.

Full-year FY26 numbers also show sharp growth

For FY26, BSE’s net profit was reported at ₹2,487 crore versus ₹1,322 crore in FY25, an 88% rise. Another report pegged FY26 consolidated net profit at ₹2,496.98 crore. FY26 revenue from operations was reported at ₹4,833.95 crore, up 63.46% year-on-year from ₹2,957.34 crore in FY25. These figures put the March-quarter performance in the context of a strong full-year run.

Turnover metrics highlighted in investor communication

In an investor presentation, BSE said average daily turnover (ADT) in its equity cash segment rose to ₹7,950 crore in FY26, compared with ₹7,766.6 crore in FY25. For the equity derivatives segment, average daily national turnover was cited at ₹245 trillion in Q4, up from ₹210 trillion in the previous quarter and more than double from ₹112 trillion in the same period last fiscal. Separately, revenue from the mutual fund business advanced 24% in Q4 to ₹285 crore from ₹231 crore.

Dividend: ₹10 per share, record date set

BSE’s board announced a final dividend of ₹10 per equity share (face value ₹2 each). The record date was fixed as Friday, July 10, 2026. The company said the payment will be made on or before September 17, 2026. One report added that the dividend is subject to shareholder approval at the annual general meeting scheduled in August.

Stock reaction ahead of results

BSE shares ended 2.89% higher at ₹3,963 ahead of the earnings announcement and hit a new all-time high of ₹3,985 during the session, according to the market update included in the provided text. The move set the immediate market context around the results and dividend announcement.

Snapshot table: key reported figures

Why the results matter for investors

The Q4FY26 print reinforces the link between BSE’s earnings and market activity, especially transaction charges. At the same time, the decline in treasury income and listing services shows that not all business lines move in the same direction each quarter. The dividend timeline adds a near-term corporate action for shareholders, with a clearly stated record date and a payment deadline. Investors also have fresh operating indicators to track, including equity cash ADT and equity derivatives turnover cited for Q4.

Conclusion

BSE closed FY26 with strong year-on-year growth in quarterly and full-year profit, supported by a sharp rise in revenue from operations and transaction charges. The board’s final dividend of ₹10 per share, with July 10, 2026 as record date and payment by September 17, 2026, sets the next key milestone for shareholders.