MCX Q4 Net Profit Soars Nearly Fourfold, Revenue Triples; Announces Dividend

MCX Q4 Net Profit Soars Nearly Fourfold, Revenue Triples; Announces Dividend
On Friday (May 8), the Multi Commodity Exchange of India Ltd (MCX) reported a significant increase in its consolidated net profit for the fourth quarter, soaring 291% year-on-year to ₹530 crore, compared to ₹135 crore during the same period last year.

Quarterly revenue experienced a remarkable rise of 205%, reaching ₹889 crore, up from ₹290 crore a year prior.

The company saw a substantial increase in EBITDA for the quarter, totaling ₹667 crore, versus ₹160 crore in the corresponding timeframe last year. The EBITDA margin grew to 74.80%, up from 55% year-on-year.
Also Read: Zerodha flags MCX glitch, warns of commodity trading disruptions

Additionally, the company proposed a final dividend of ₹8 per equity share of face value ₹2 for the financial year ending March 31, 2026. This proposal awaits shareholder approval at the 24th Annual General Meeting.

Multi Commodity Exchange of India Ltd shares concluded at ₹3,097.15, rising by ₹53.00, or 1.74%, on the BSE.

Also Read: India regulator likely to penalise MCX for four-hour trading halt, sources say

Previous Article

While cricket reigns as India's top sport, basketball also has great potential, says NBA icon Vlade Divac.

Next Article

Trump unveils formerly classified documents on UFOs.