The Bombay Stock Exchange (BSE) has recorded almost flat profit after tax of Rs 57.27 crore for the first three month ended June 30.

BSE stated in a communiqué that total income of the Asia's oldest stock exchange grew to Rs 115.72 crore during the April-June period of the current financial year from Rs 110.89 crore of the corresponding quarter last year.

During the review quarter of the current financial year (2009-10), the BSE cut down its spending on advertising and market development expenses to Rs 26 lakh against Rs 4.53 crore registered the previous year.

During the quarter ended June 2009, 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).