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MCX reports 61% fall in Q1 net profit

14 Aug 2014 Evaluate

Multi Commodity Exchange of India (MCX) has reported results for first quarter ended June 30, 2014.

The company’s net profit has declined by 61.06% at Rs 23.41 crore as compared to Rs 60.12 crore for the quarter ended June 30, 2013. Its total income has decreased by 49.86% to Rs 75.89 crore for the quarter under review from Rs 151.35 crore for the corresponding quarter of the previous year.

MCX, the leading commodity bourse, largely offers futures trading in non-agricultural commodities. The exchange contributes maximum business to the total turnover of the commodity futures market.

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