MCX Q4 net profit zooms nearly 4x, revenue more than triples; declares dividend

MCX Q4 net profit zooms nearly 4x, revenue more than triples; declares dividend


Leading commodity exchange Multi Commodity Exchange of India Ltd (MCX) on Friday (May 8) reported a sharp rise in consolidated net profit for the fourth quarter, which jumped 291% year-on-year to ₹530 crore, compared with ₹135 crore in the corresponding period last year.

Revenue for the quarter surged 205% to ₹889 crore from ₹290 crore a year earlier.

The company reported a sharp rise in EBITDA for the quarter at ₹667 crore, compared with ₹160 crore in the corresponding period last year. EBITDA margin expanded to 74.80% from 55% year-on-year.

Also Read: Zerodha flags MCX glitch, warns of commodity trading disruptions

The company also recommended a final dividend of ₹8 per equity share of face value ₹2 each for the financial year ended March 31, 2026. The proposal is subject to shareholder approval at the 24th Annual General Meeting.

Shares of Multi Commodity Exchange of India Ltd ended at ₹3,097.15, up by ₹53.00, or 1.74%, on the BSE.

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



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *