MCX Q3 profit up 32 pc at Rs 55.57 cr

Image
Press Trust of India New Delhi
Last Updated : Jan 30 2020 | 8:45 PM IST

Multi Commodity Exchange (MCX) on Thursday reported a 32 per cent increase in net profit at Rs 55.57 crore for the quarter ended December.

The company's net profit stood at Rs 41.99 crore in the year-ago period.

The commodity bourse reported a 16 per cent growth in consolidated operating revenue at Rs 89.27 crore, while total income inched up 3 per cent to Rs 112.74 crore, it said in a statement.

"The average daily turnover traded in commodity futures on the exchange increased by 16 per cent to Rs 30,854 crore in Q3, FY2020 from Rs 26,614 crore in the corresponding quarter of Q3, FY2019," it said.

The average daily turnover in commodity futures increased 23 per cent to Rs 30,987 crore during the nine months of 2019-20 from Rs 25,205 crore during the corresponding period of 2018-19, it added.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 30 2020 | 8:45 PM IST

Next Story