MCX Q2 net profit at Rs 84 crore; declares Rs 12/share dividend

Business

oi-Sneha

By Sneha B K

Updated: Saturday, November 3, 2012, 12:36 [IST]

Multi Commodity Exchange of India (MCX) reported net profit at Rs 84 crore for second quarter ended September 30, 2012

The net profit of the company dropped to Rs 84.41 crore as against Rs 89.42 crore for the corresponding period of previous year.

While net profit for the quarter increased by 26% to Rs 84.41 crore from Rs 64.74 crore in the previous quarter.

MCX's total income increased by 13% to Rs 164.78 crore from Rs 146.23 crore in the previous quarter ended June 30, 2012.

The average daily turnover traded on exchange increased by 7% to Rs 51,054 crore during the Q2 FY13 as compared to Rs 47,888 crore during the year.

The company announced the interim dividend of Rs 12 per share of face value Rs 10 each (120%).

On Friday, shares of the company closed at Rs 1416, higher by 0.87% on BSE.

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