MCX Q3 Profit: Higher Revenue, Cost Cuts - Business News

Jan 21, 2025 12:37

Multi Commodity Exchange (MCX) reported a Q3 profit of Rs 160.04 crore, driven by increased revenue and cost reductions. Read more on the company's financial performance.

New Delhi, Jan 21 (PTI) Multi Commodity Exchange (MCX) reported a quarterly profit of Rs 160.04 crore for the December quarter of FY25, compared with a loss of Rs 5.35 crore a year earlier, driven by stronger revenue and lower operational costs.

Total income at India's largest non-agricultural commodity derivatives exchange rose to Rs 324.36 crore from Rs 209.26 crore in the same period last year, the company said in a statement.

The exchange's expenses declined to Rs 123.03 crore, from Rs 222.25 crore in the previous year.

Source: PTI By Rediff Money Desk, New Delhi

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