MCX Q2 Results | Firm swings to black, posts ₹154 crore profit, revenue spikes 73%
In the corresponding quarter of the previous fiscal, Multi Commodity Exchange posted a loss of ₹19.1 crore, the company said in a regulatory filing. The company’s revenue from operations surged 73% to ₹285.6 crore as against ₹165.1 crore in the corresponding period of the preceding fiscal.
At the operating level, EBITDA stood at ₹179.4 crore in the second quarter of this fiscal over ₹28.6 crore loss in the corresponding period in the previous fiscal. EBITDA margin stood at 62.8% in the reporting quarter. EBITDA is earnings before interest, tax, depreciation, and amortisation.
The results came after the close of the market hours. On October 18, shares of Multi Commodity Exchange of India Ltd ended at ₹6,560.25, up by ₹218.15, or 3.44% on the BSE.
