Categories: Business

MCX's March quarter net profit up 7% to Rs 65 crore, earnings up 22%

MCX Q4 result
Image Source: GOOGLE

new Delhi. Commodity Futures Exchange Multi Commodity Exchange ie MCX net profit rose seven percent to Rs 65.5 crore for the quarter ended March. MCX gave information about this on Saturday. MCX is the largest exchange of commodity derivatives. He said its revenue grew 22 percent to Rs 135 crore in the quarter. During this period, income from business increased by 33 percent to Rs 105.28 crore.

MCX's net profit rose 62 percent to Rs 236.50 crore for the entire financial year 2019-20 ending in March. During this period, income also increased to Rs 503.11 crore from Rs 398.59 crore a year ago. The board of directors has also recommended a dividend of Rs 30 or 300 percent on each share. MCX stated that its market share increased from 91.60 percent to 94.01 percent during 2019-20. Average daily turnover during this period rose by 26 percent to Rs 32,424 crore.

This post was published on May 31, 2020 9:49 am

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