For Quick Alerts
For Daily Alerts

MCX India Shares Surge On Stellar Q1 Results With Profits Climbing 500%


Shares of MCX India, the Multi-Commodity Exchange of India, jumped in trade today, surged 8%, touching an intra-day high of Rs. 881.45 on the BSE. The shares closed at a price of Rs. 813.55 apiece on Tuesday. On the NSE, the stock made an intra-day high of Rs. 882 per share.

MCX India Shares Surge On Stellar Q1 Results

The company reported a near 500% jump in net profit at Rs 43.70 crore in the first quarter as against Rs 7.33 crore for the corresponding quarter a year ago. The company's total income increased 30% to Rs 110.84 crore in Q1 from Rs 85.43 crore YoY. EBITDA rose 58% to Rs 59.09 crore from Rs 37.47 crore YoY and EBIDTA margin stood at 53%.

Last the shares of MCX quoted at Rs. 867.85, up 6.67% on the BSE.

Read more about: mcx q1 results net profit
Story first published: Wednesday, July 17, 2019, 12:03 [IST]
Company Search
Get Instant News Updates
Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more