BSE Limited slips 4% on poor Q4 show; recommends dividend of Rs 25

The board has recommended a payment of dividend of Rs 25 per equity share of face value of Rs 2 each.


Shares of BSE Limited slipped 4 percent intraday Wednesday after company reported poor set of numbers for the quarter ended March 2019

The company's Q4 net profit down 16.4% at Rs 51.9 crore against Rs 62.1 crore in the same quarter last year.

Revenue was down 20% at Rs 115.7 crore against Rs 144.7 crore.

The board has recommended a payment of dividend of Rs 25 per equity share of face value of Rs 2 each.

BSE to buyback its fully paid up equity shares at a price of Rs 680 per equity share through tender offer route amounting to Rs 460 crore.

At 11:06 hrs BSE Limited was quoting at Rs 618, down Rs 19.15, or 3.01 percent on the NSE.

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