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Multi Commodity Exchange of India reports 16.18% rise in Q4 net profit

30 May 2013 Evaluate

Multi Commodity Exchange of India reported results for the fourth quarter and year ended March 31, 2013.

The company has reported a rise of 16.18% in its net profit at Rs 76.62 crore in Q4FY13 as compared to net profit of Rs 65.95 crore in the same quarter previous year. Total income from operation of the company has increased by 8.92% to Rs 169.03 crore as compared to Rs 155.18 crore in corresponding quarter last year.

For the year ended March 31, 2013, the company has registered 4.35% rise in its net profit at Rs 298.63 crore in FY13 as against Rs 286.18 crore in previous years. Total income from operation of the company has increased to Rs 644.69 crore as compared to Rs 631.02 crore in FY12, up by 2.17%.

On consolidated basis, for the full year ended March 31, 2013, the company has posted a 4.34% rise in its net profit after taxes, Minority Interest and share of Profit / (Loss) of Associates at Rs 299.15 crore under year under review as compared to Rs 286.71  crore in FY12. Total income has increased by 2.19% at Rs 645.19 crore for year under review as compared to Rs 631.38 crore for the period ended March 31, 2012.

Multi Commodity Exch Share Price

2791.40 7.95 (0.29%)
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Company Name CMP
Motilal Oswal Fin 790.80
Angel One 321.00
IIFL Capital Service 319.65
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