MCX jumps 8% after robust Q2FY20 numbers - Highlight Investment Research

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Wednesday, 16 October 2019

MCX jumps 8% after robust Q2FY20 numbers

For the quarter ended September 30, 2019, Multi Commodity Exchange of India Ltd's (MCX) net profit increased by 100% to Rs71.75cr from Rs35.93cr over the corresponding quarter ended September 30, 2018.

The company’s total income also rose by 55% to Rs144.53cr from Rs93.27cr over the corresponding quarter ended September 30, 2018. While the operating income registered a growth of 41% to Rs100.15cr from Rs71.10cr in the corresponding Q2FY2019.




EBITDA for the quarter ended September 30, 2019, increased by 103% to Rs91.64cr from Rs45.07cr over the corresponding quarter ended September 30, 2018.

The shares of the company climbed over 8% in the morning trade after a good set of Q2FY20 numbers.

In another news, MCX accepted the resignation of its Chief Financial Officer Sanjay Wadhwa.


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