MCX Q4 profit jumps 78.47% to Rs 60.95 crore
Commodity Online | April 26 2019
UPDATED 15:52:27 IST

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The Multi Commodity Exchange reported 78 per cent increase in its March quarter net profit at Rs 61 crore against Rs 34 crore logged in the same period last year.

Total income increased 15 per cent to Rs 111 crore (Rs 97 crore) while the operating income registered a growth of 12 per cent to Rs 79 crore (Rs 71 crore).

The exchange has announced a dividend of Rs 20 a share.

EBITDA in the quarter was up 16 per cent to Rs 57 crore (Rs 49 crore). Net profit for the year ended March was up 35 per cent at Rs 146 crore (Rs 108 crore) while its total income increased 13 per cent to Rs 399 crore.

Mrugank Paranjape, MD, MCX, said the better performance of the exchange can be attributed to robust volume growth in the bullion and energy segments. The Q4 average daily turnover of Rs 26,981 crore was the highest since the levy of commodities transaction tax in July 2013.

 

Commodity Arrivals Rate
Mustard Oil 57.2 9800.00
Arecanut 2.5 2800.00
Sugar 101 3402.00
Rubber 0.02 12800.00

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