 "MCX Q2 net profit drops over 18% to Rs 58.55 cr in September quarter")
Leading commodity bourse MCX on Wednesday reported over 18 per cent drop in its consolidated net profit to Rs 58.55 crore for the second quarter of 2020-21.
Its net profit stood at Rs 71.75 crore in the same quarter of the previous fiscal, according to a regulatory filing.
Net income declined to Rs 137.52 crore in the July-September quarter of 2020-21 from Rs 144.53 crore in the year-ago period.
Expenses were at Rs 59.27 crore in the quarter under review as against Rs 57.12 crore in July-September 2019-20.
MCX offers futures and option trading in both agriculture and non-agricultural commodities.
Shares of the company settled lower by 1.87 per cent at Rs 1766.10 apiece on BSE on Wednesday.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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