MUMBAI, Aug. 27 -- The most striking number in India's capital markets in Q1 FY27 was not a stock index level. It was 14 - the consecutive quarters of record revenue that BSE Limited posted in the three months ended June 30, 2026, a streak running through every volatility episode India's markets have absorbed since early 2023.

BSE's total income rose 63.4 percent year-on-year to Rs 1,706.72 crore in the quarter. Net profit climbed 62.2 percent to Rs 872.66 crore. The driver was derivatives. BSE's equity derivatives average daily turnover reached Rs 29,615 crore, with 237 million lots traded per day - a scale that was notional when BSE relaunched its Sensex options contracts three years ago. The equity cash segment set its own record: ave...