MCX Ltd Q1 net profit lower at Rs39.80cr on higher other income in the Jun-20 quarter

MCX Ltd reported -11.21% fall in total revenues for the Jun-21 quarter on consolidated basis at Rs108.94cr

Jul 24, 2021 11:07 IST India Infoline News Service

MCX Ltd reported -11.21% fall in total revenues for the Jun-21 quarter on consolidated basis at Rs108.94cr. On a sequential basis, revenues were up 0.44% compared to Rs108.46cr revenues in Mar-21 quarter.

During the Jun-21 quarter, the average daily turnover of commodity futures contracts traded on MCX was up 21% at Rs28,031cr. For the quarter, it had a market share of 92.6% in commodity futures trading with a clear and undisputed leadership in bullion, oil, natural gas and industrial metals like zinc, aluminium and copper.

Net profit for the Jun-21 quarter was down -29.47% at Rs39.80cr on a yoy basis, but on a sequential basis, the PAT was up by 3.54%. During the first quarter, MCX reported EBITDA margins of 53% although the EBITDA was lower by 24% on a yoy basis. The notional ADT of options increased during the quarter by 192% to Rs1,900cr.

MCX also delivered 22,863 tons of base metals for delivery. Net margins at 36.53% for Jun-21 quarter was lower than 45.99% in Jun-20 quarter but better than 35.44% NPM reported in the sequential quarter.


Financial highlights for Jun-21 compared yoy and sequentially


MCX Ltd
Rs in Crore Jun-21 Jun-20 YOY Mar-21 QOQ
Total Income (Rs cr) ₹ 108.94 ₹ 122.70 -11.21% ₹ 108.46 0.44%
Net Profit (Rs cr) ₹ 39.80 ₹ 56.43 -29.47% ₹ 38.44 3.54%
Diluted EPS (Rs) ₹ 7.82 ₹ 11.09 ₹ 7.55
Net Margins 36.53% 45.99% 35.44%

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