BSE Ltd Q4 FY26 Results: Net Profit Surges 61% to ₹797 Crore — Key Highlights, Dividend & Full-Year Performance

By Kaushik Brahmakshatriya

Published On 08 May 2026.

BSE Ltd Q4 Results FY26

India’s oldest and most iconic stock exchange, BSE Limited (formerly Bombay Stock Exchange), has delivered a blockbuster performance for the January–March 2026 quarter (Q4 FY26). The exchange posted strong double-digit growth across all key financial metrics, reinforcing its position as one of India’s most profitable financial infrastructure companies. Here is a complete breakdown of what happened, why it matters, and what investors should know going forward.

BSE Ltd Q4 FY26 Results: Quick Snapshot

BSE Limited declared its Q4 FY26 earnings on May 7, 2026. The consolidated net profit for the quarter came in at ₹797 crore, marking a 61% year-on-year (YoY) jump compared to ₹494 crore recorded in Q4 FY25. On a sequential basis (compared to Q3 FY26), profit rose by an impressive 32% from ₹602 crore.

Revenue from operations also witnessed sharp growth, climbing 85% YoY to ₹1,564 crore from ₹847 crore in the year-ago quarter. Sequentially, revenue grew 26% from ₹1,244 crore in Q3 FY26.

Q4 FY26 Financial Performance at a Glance

Financial Metric	Q4 FY26	Q4 FY25	YoY Change
Consolidated Net Profit	₹797 crore	₹494 crore	+61%
Revenue from Operations	₹1,564 crore	₹847 crore	+85%
Transaction Charges Income	₹1,311 crore	₹612 crore	+114%
Treasury Income	₹40 crore	~₹44 crore	-9%
Listing Services Revenue	₹119 crore	~₹125 crore	-5%
Total Expenses	₹557 crore	~₹392 crore	+42%
Final Dividend Declared	₹10/share	—	500% payout

The Engine Behind the Growth: Transaction Charges

The biggest contributor to BSE’s stellar quarterly performance was the 114% YoY surge in transaction charges, which climbed to ₹1,311 crore in Q4 FY26 from ₹612 crore in the same period last year. This was also a 38% jump compared to Q3 FY26, driven by robust trading volumes in the equity derivatives segment.

The equity derivatives segment recorded an average daily national turnover of ₹245 trillion in the March 2026 quarter, a significant leap from ₹210 trillion in Q3 FY26 and more than double the ₹112 trillion reported a year ago. This reflects the growing participation of retail and institutional investors in Sensex-based derivatives products on the BSE platform.

Mutual Fund Platform — BSE StAR MF Continues to Shine

BSE’s mutual fund distribution platform, BSE StAR MF, continues to be a high-growth engine. Revenue from the mutual fund business grew 24% in Q4 FY26 to ₹285 crore, highlighting consistent demand for digital mutual fund transactions.

By the end of FY26, the platform had scaled to:

* 83,000+ registered distributors

* 281 million registered investors

* 15,000+ schemes across 721 cities

This wide distribution network positions BSE StAR MF as the dominant institutional infrastructure for mutual fund transactions in India.

Areas Under Pressure

While the overall performance was strong, two segments saw moderation:

* Treasury income dipped 6% sequentially and 9% YoY to ₹40 crore, reflecting changes in investment yield dynamics.

* Listing services revenue fell 24% QoQ and 5% YoY to ₹119 crore, indicating a temporary slowdown in new listings and corporate services activity.

Total expenses for the quarter rose 42% YoY to ₹557 crore, driven by higher technology spending, regulatory contributions, employee benefit costs, and clearing & settlement charges. Despite rising costs, BSE’s strong top-line growth more than offset the expense increase.

Full-Year FY26 Performance — A Record-Breaking Year

BSE’s full-year FY26 numbers paint an even more remarkable picture:

Full-Year Metric	FY26	FY25	YoY Change
Consolidated Net Profit	₹2,487 crore	₹1,322 crore	+88%
Consolidated Revenue	₹5,148 crore	—	Strong growth
EBITDA	₹3,393 crore	—	Robust
Avg. Daily Turnover (Equity Cash)	₹79,500 million	₹77,666 million	+2.4%

Net profit for the full financial year surged 88% to ₹2,487 crore — a clear indication that BSE’s growth story is structural, not seasonal.

Dividend Declared — ₹10 Per Share

BSE’s board of directors recommended a final dividend of ₹10 per equity share for FY26. Since the face value of each BSE share is ₹2, this translates to a 500% payout on face value — a strong signal of the company’s financial confidence and commitment to shareholder returns.

Key dividend dates:

* Record Date: July 10, 2026

* 500% payout on face value —On or before September 17, 2026 (subject to TDS deductions)

Quarterly Performance Trend — FY26

Quarter	Net Profit (₹ crore)	Revenue (₹ crore)
Q1 FY26	₹539 crore	₹1,073 crore
Q2 FY26	₹558 crore	₹1,068 crore
Q3 FY26	₹602 crore	₹1,244 crore
Q4 FY26	₹797 crore	₹1,564 crore

The trend is clear — BSE has shown consistent quarter-on-quarter improvement throughout FY26, with Q4 delivering the sharpest acceleration.

BSE Ltd Q4 FY26 — Questions & Answers

Q1. What was BSE Ltd’s net profit in Q4 FY26?BSE Ltd reported a consolidated net profit of ₹797 crore in Q4 FY26, representing a 61% year-on-year increase from ₹494 crore in Q4 FY25.

Q2. How much did BSE’s revenue grow in Q4 FY26?

BSE’s revenue from operations grew 85% year-on-year to ₹1,564 crore in Q4 FY26, compared to ₹847 crore in the same quarter of the previous year.

Q3. What dividend has BSE declared for FY26?BSE’s board has recommended a final dividend of ₹10 per equity share, which equals a 500% payout on the face value of ₹2 per share. The record date is July 10, 2026.

Q4. What drove BSE’s strong Q4 FY26 performance?

The primary driver was a 114% surge in transaction charges income to ₹1,311 crore, fueled by a massive increase in equity derivatives trading volumes on the BSE platform.

Q5. How did BSE perform for the full year FY26?

BSE’s full-year FY26 net profit jumped 88% to ₹2,487 crore, while consolidated annual revenue stood at ₹5,148 crore — making FY26 a record-breaking year for the exchange.

Q6. Did BSE’s mutual fund platform grow in Q4 FY26?

Yes. BSE StAR MF revenue grew 24% in Q4 FY26 to ₹285 crore. The platform now serves over 281 million registered investors through more than 83,000 distributors across 721 cities.

Q7. Were there any weak areas in BSE’s Q4 FY26 results?

Yes. Treasury income declined 9% YoY and 6% sequentially to ₹40 crore, while listing services revenue dipped 5% YoY and 24% sequentially to ₹119 crore. Total expenses also rose 42% YoY.

Q8. When will BSE pay the FY26 final dividend?

The dividend is scheduled to be paid on or before September 17, 2026, subject to approval at the Annual General Meeting and applicable tax deductions.

What This Means for Investors

BSE Ltd’s Q4 FY26 results confirm that the exchange is benefiting strongly from India’s growing retail investor participation, expanding derivatives market, and surging mutual fund adoption. The combination of robust earnings growth, rising market volumes, and a generous dividend payout makes BSE an increasingly compelling name in the Indian financial services space.

Investors tracking the stock should note the EPS surprise of +9.14% reported against analyst estimates, which also triggered a 9.57% movement in the share price following the results announcement.

With the equity derivatives average daily turnover more than doubling YoY, and BSE StAR MF continuing to add millions of new investors, the exchange’s earnings trajectory appears well supported for FY27 as well.

Disclaimer

This blog does not provide financial, investment, or trading advice. All content is for educational and informational purposes only. Please consult a certified financial advisor before making any investment decisions. The author will not be responsible for any financial losses incurred