Multi Commodity Exchange of India's Q2 FY 2025-26 Quarterly Results

Result Summary

• Multi Commodity Exchange of India Ltd reported a 1.2% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 28.9%.
• Its expenses for the quarter were up by 1.0% QoQ and 25.1% YoY.
• The net profit decreased 2.8% QoQ and increased 28.5% YoY.
• The earnings per share (EPS) of Multi Commodity Exchange of India Ltd stood at 38.72 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Multi Commodity Exchange of India Ltd (MCX) is a prominent player in the Indian commodity derivatives market. As one of the leading exchanges in India, the company provides a platform for trading in commodity derivatives, which includes a wide range of products such as bullion, metals, energy, and agricultural commodities. The exchange facilitates trading in futures and options contracts, offering risk management solutions and price discovery to market participants. While specific recent developments for the company are not available in the provided data, MCX has historically been involved in initiatives to enhance market penetration and technological advancements, positioning itself as a major entity in the financial services industry in India.

Revenue

In the second quarter of the fiscal year 2026 (Q2FY26), Multi Commodity Exchange of India Ltd reported a total income of ₹400.79 crores. This represents a slight decrease of 1.2% compared to the previous quarter (Q1FY26), where the total income was ₹405.82 crores. However, when compared to the same quarter in the previous fiscal year (Q2FY25), the total income shows a significant increase of 28.9%, up from ₹310.82 crores. This annual growth indicates an upward trend in the company's revenue generation capabilities over the past year.

Profitability

The company's profitability metrics for Q2FY26 indicate a profit before tax of ₹250.38 crores, marking a 2.5% decline from Q1FY26, where it stood at ₹256.91 crores. Despite this quarter-over-quarter decrease, the profit before tax has increased by 31.4% year-over-year from ₹190.55 crores in Q2FY25. The profit after tax for Q2FY26 was ₹197.47 crores, showing a 2.8% decline from the previous quarter's ₹203.19 crores but an increase of 28.5% from the previous year's ₹153.62 crores. The tax expense for the quarter was ₹51.41 crores, showing a 3.4% decrease from Q1FY26, but a year-over-year increase of 37.6% from ₹37.37 crores in Q2FY25. Earnings per share for Q2FY26 were ₹38.72, reflecting a 2.8% decrease from Q1FY26 and a 28.6% increase from Q2FY25.

Operating Metrics

The operating metrics of Multi Commodity Exchange of India Ltd in Q2FY26 show total expenses amounting to ₹150.41 crores, which is a 1.0% increase from the previous quarter's ₹148.91 crores. When compared to Q2FY25, total expenses have risen by 25.1%, from ₹120.27 crores. This increase in expenses aligns with the overall growth in revenue and profitability metrics observed year-over-year. The company's earnings per share (EPS) for Q2FY26 were reported at ₹38.72, a decrease from Q1FY26's ₹39.84 but a substantial increase from ₹30.12 in Q2FY25. These metrics indicate the company's operational efficiency and ability to manage costs relative to its income over the quarter and the past year.