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Multi Commodity Exchange of India (MCX) reported a consolidated net profit of Rs 160.04 crore in Q3 FY25 as against net loss of Rs 5.35 crore posted in Q3 FY24.

MCX reports turnaround PAT of Rs 160 crore in Q3
21-Jan-2025, 10:48
Revenue from operations jumped 57.35% year on year (YoY) to Rs 301.38 crore in the quarter ended 31 December 2024.

EBITDA for the December 2024 quarter stood at Rs 216 crore, as against a loss of Rs 2 crore in the corresponding period of FY23-24.

The contribution to settlement guarantee fund (SGF) stood at Rs 896.25 crore as of December 2024.

Average daily turnover (ADT) of futures grew 37% to Rs 28,410 crore in Q3 FY25 as compared with Rs 20,796 crore posted in corresponding quarter last year.

The options' ADT surged by 116% to Rs 2,07,090 crore during the quarter from Rs 95,989 crore in Q3 FY24.

The combined number of traded clients for futures and options witnessed a 43.75% growth to 6.9 lakh from 4.8 lakh last year.

Multi Commodity Exchange of India (MCX) is India's first listed, national-level, electronic exchange, and India's leading commodity derivatives exchange with a market share of about 97.97% in terms of the value of commodity futures contracts traded in financial year 2023-24. MCX offers the benefits of fair price discovery and price risk management to the Indian commodity market ecosystem.

The scrip tumbled 10% to Rs 5,415.65 on the BSE.

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