reports net profit of Rs 34.46 Cr in Q3 FY2022

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MCX reports net profit of Rs 34.46 Cr in Q3 FY2022

  • MCX (consolidated) operating revenue decreased by 11% to Rs. 89.55 crores for the third quarter of the financial year 2021-22
  • For Q3 For the 2021-22 financial year, the EBITDA margin (consolidated) and the PAT margin were 51% and 33% respectively.
  • Average daily turnover (ADT) of commodity futures recorded at Rs.24,556 crore in Q3 FY 21-22 vis-à-vis Rs.32,684 crore in the corresponding quarter of FY20-21.
  • During the said quarter, the ADT of options increased by 965% to Rs. 8,610 crores in Q3 FY21-22 from Rs. 808 crores during Q3 FY20-21.

Mumbai, 29 January 2022: Multi Commodity Exchange of India Ltd (MCX) has announced its audited financial results for the third quarter ended December 31, 2021.

Q3, fiscal year 2022

  • For the quarter ended December 31, 2021, MCX’s total revenue decreased by 17% to 104.06 crore from Rs. 125.67 crore in the corresponding quarter ended December 31, 2020. While operating profit decreased by 11% to Rs. 89.55 crore from Rs. 100.90 crore in the corresponding Q3 of FY2021.
  • EBITDA for the quarter ended December 31, 2021 decreased by 28% to Rs 52.78 crore from Rs 73.45 crore for the corresponding quarter ended December 31, 2020.
  • Net profit for the quarter ended December 31, 2021 was Rs. 34.46 crores compared to Rs. 71.80 crores in the corresponding quarter of the previous year.
    Operational performance
  • Average Daily Turnover (ADT)* across Commodity Futures was Rs 24,556 crore in the third quarter of the fiscal year 21-22 vis-à-vis Rs.32,684 crore in the corresponding quarter of FY20-21.
  • Options notional ADT* increased by 965% to Rs. 8,610 crores in Q3 FY21-22 from Rs. 808 crores during Q3 FY20-21.
  • MCX’s market share of commodity futures turnover during April-December 21 FY21-22 was 92.9%.
  • A total quantity of 18,346 tonnes of base metals was delivered during the third quarter FY21-22vs 11,408 tonnes in Q3 FY20-21 via swap mechanism.

About MCX:

Having commenced operations on November 10, 2003, Multi Commodity Exchange of India Limited (MCX) is the first nationally listed electronic stock exchange in India. It is also the first exchange to introduce commodity options in India. In fiscal year 2021-22 (April-December), MCX’s market share was 92.9%. MCX brings the benefits of fair price discovery and price risk management to the Indian commodity market ecosystem. Various commodities across all segments are traded on the Exchange platform. These include bullion, energy, metals and agricultural products. The exchange has forged strategic alliances with various international exchanges, as well as Indian and international business associations. For more information about MCX and its products, visit www.mcxindia.com.

For more details, contact:

Vijay Ganeshan Iyer

Corporate Communication, MCX

Mobile: +91 86578 58093

[email protected]

  • Excludes number of Muhurat trading days when calculating ADT

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MCX – Multi-Commodity Exchange of India Ltd. published this content on January 29, 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unmodified, on January 29, 2022 18:00:06 UTC.

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