MCX spurts after Q2 PAT climbs 94% YoY

25 Oct 2022 , 11:07 AM

On a consolidated basis, MCXs total income increased 47% year-on-year to Rs 145.64 crore in Q2 FY22-23. Profit before tax (PBT) rose 79.7% YoY to Rs 76.73 crore in Q2 FY22-23. Its total expenses rose 20.7% YoY to Rs 67.56 crore in Q1 FY22-23. EBITDA for the quarter ended 30 September 2022 increased by 68% to Rs 83.84 crore from Rs 49.88 crore over the corresponding quarter ended 30 September 2021. For the quarter, the EBITDA margin was 58% and PAT margin was 43%. Average daily turnover of commodity futures contracts traded on the exchange decreased by 7.3% to Rs 23,918 crore in Q2 FY22-23 from Rs 25,797 crore in Q2 FY21-22. Average daily notional turnover of option contracts increased by 421% to Rs 31,381 crore in Q2 FY22-23 from Rs 6,023 crore in Q2 FY21-22. Total quantity of 20,767.5 MT of base metals has been delivered during Q2 FY22-23 vis-?-vis 17,691.5 MT in Q2 FY21-22 through the exchange mechanism. MCX is Indias first listed, national-level, electronic exchange and Indias leading commodity derivatives exchange with a market share of about 96.8% in terms of the value of commodity futures contracts traded in financial year 2022-23 (April – September 2022). Powered by Capital Market – Live News