The Bombay Stock Exchange (BSE) has reported almost flat profit after tax at Rs 57.27 crore for the first quarter ended June 30.
Total income of the Asia's oldest stock exchange rose to Rs 115.72 crore during the April-June period of the current financial year from Rs 110.89 crore of the same quarter last year, the BSE said in a statement.
Significantly, during the latest quarter of the current financial year (2009-10), the BSE reduced its spending on advertising and market development expenses to Rs 26 lakh against Rs 4.53 crore registered the previous year.
During the three-month period ended June '09, the exchange spent Rs 9.01 crore towards employee costs compared to Rs 9.06 crore of the corresponding quarter last financial year (2008-09).