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Multi Commodity Exchange of India reports 67% fall in Q2 net profit

11 Nov 2013 Evaluate

Multi Commodity Exchange of India has reported results for the second quarter ended September 30, 2013.

The company has reported 66.78% fall in its net profit at Rs 27.04 crore for the quarter as compared to Rs 81.40 crore for the same quarter in the previous year. Total income of the company has decreased by 32.51% at Rs 112.00 crore for quarter under review as compared to Rs 165.95 crore for the quarter ended September 30, 2012.

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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