MCX consolidated net profit rises 130 per cent in Q2FY27
The Multi Commodity Exchange of India reported a revenue increase of 114 per cent during the second quarter.
The Multi Commodity Exchange of India (MCX) on Tuesday reported that its consolidated net profit grew 130 per cent year-on-year to Rs 454.57 crore in the second quarter of FY27. According to The Economic Times, the profit for the same period in the previous fiscal year was Rs 197.47 crore.
The exchange's revenue from operations increased 114 per cent to Rs 799.66 crore, up from Rs 374.23 crore in the year-ago quarter. Total expenses for the period rose 40.5 per cent to Rs 211.36 crore, compared to Rs 150.41 crore in the corresponding quarter of the previous year.
Earnings before interest, taxes, depreciation and amortisation (EBITDA) rose 151 per cent to Rs 611.24 crore from Rs 243.63 crore. The EBITDA margin expanded to 76.4 per cent from 65.1 per cent a year earlier.
On a standalone basis, the net profit after tax (PAT) increased 159 per cent to Rs 405.35 crore in Q2FY26, compared to Rs 156.43 crore in the previous year's quarter. Standalone revenue from operations rose 118 per cent to Rs 765.61 crore from Rs 351.61 crore.
MCX shares closed 7.81 per cent higher at Rs 3,493 on the BSE on Tuesday. During the session, the stock reached a 52-week high of Rs 3,537.