BSE Q3 Results FY26: Record Revenue of ₹1,334 Cr, Net Profit Surges 174%
MUMBAI, February 2026: Asia's oldest stock exchange, BSE Ltd., has delivered its most successful financial quarter to date, reporting consolidated revenues of ₹1,334 crore for the third quarter of FY26. This marks the 11th consecutive quarter of record-breaking performance for the exchange.
The exchange’s financial metrics for Q3 FY26 show remarkable acceleration across all key parameters. Consolidated revenue from operations surged by 62% to ₹1,244 crore compared to the same period last year, while operating expenses saw a marginal decline of 4%, reflecting enhanced operational efficiency.
Financial Milestones at a Glance:
| Particulars | Q3 FY26 | Q3 FY25 | YoY Growth |
|---|---|---|---|
| Total Revenue | ₹1,334 Cr | ₹829 Cr | ↑ 61% |
| Operating EBITDA | ₹732 Cr | ₹236 Cr | ↑ 211% |
| Operating EBITDA Margin | 59% | 31% | ↑ 2800 bps |
| Net Profit (Attributable to Shareholders) | ₹602 Cr | ₹220 Cr | ↑ 174% |
| Net Profit Margin | 45% | 26% | ↑ 1900 bps |
Derivatives and Listings Drive Growth
The quarter witnessed unprecedented activity across BSE’s business verticals. Equity Derivatives emerged as a major revenue driver, with the exchange processing a staggering 772 crore contracts, generating ₹784 crore in revenue. The average daily premium turnover in index derivatives touched a new high of ₹19,459 crore, fueled by growing participation in Sensex Index Options.
BSE’s primary market ecosystem demonstrated remarkable vitality, with 39 companies mobilizing ₹95,272 crore during the quarter. Overall, Q3 FY26 saw 99 new listings across the main and SME boards, bringing the total funds raised to ₹97,657 crore.
SME Platform Crosses Historic Milestone
BSE’s SME platform achieved a significant landmark on February 1, 2026, with its 700th listing. The last 100 listings were accomplished in just 179 days—the fastest pace recorded. Collectively, SMEs listed on BSE have raised ₹14,735 crore and now command a combined market capitalization of ₹1.8 lakh crore.
Digital Platforms Scale New Heights
BSE StAR MF, the exchange’s mutual fund distribution platform, processed 21.7 crore transactions during the quarter—a 21% increase from the previous year—maintaining its dominant market share of 87.4%. The platform touched a historic high in January 2026, handling 7.97 crore transactions in a single month.
Clearing and Indices Strengthen
The clearing subsidiary, ICCL, demonstrated robust performance, settling 364 crore derivatives contracts with equity derivatives premium turnover reaching ₹12.57 lakh crore. Technology upgrades have enhanced the platform’s capacity nine-fold in terms of trades processed per second.
BSE’s index services business continues to expand its footprint, managing a portfolio of over 200 indices. Passive assets under management tracking BSE indices now stand at ₹2.7 lakh crore across 85 schemes. Following the acquisition of SPDJI’s stake, the exchange has launched 50 new indices, including two RBI-approved debt indices.
Management Commentary
Commenting on the results, the Managing Director & CEO of BSE said, "BSE's strong Q3 performance is a testament to the strength of our platforms and the confidence the marketplace has in BSE. With record SME listings, growing index derivatives activity, and the continued success of StAR MF, we are accelerating innovation across all our businesses. In the year ahead, we remain committed to innovation, technology excellence, and market development as India's capital markets continue their growth trajectory."
About BSE
BSE Ltd. is Asia’s oldest stock exchange and the world’s largest exchange by number of listed companies. The BSE Sensex, India’s first capital market index, serves as a barometer for the Indian economy and is tracked by investors globally. The exchange offers trading platforms for equity, debt instruments, equity derivatives, currency derivatives, interest rate derivatives, mutual funds, and stock lending and borrowing.