Multi Commodity Exchange of India Limited (MCX) has been in focus post the announcement of its unaudited financial results for the third quarter (Q3) of FY 2024-25.
On January 21, 2025, MCX share price opened at ₹5,950.00, down from its previous close of ₹6,026.90. At 10:41 AM, the share price of MCX was trading at ₹5,487.90, down by 8.94% on the NSE.
For the quarter ended December 31, 2024, MCX reported a total income of ₹324 crores, an increase from ₹311 crores in the previous quarter (Q2 FY 2024-25).
Operating income also grew, rising to ₹301 crores from ₹286 crores in the preceding quarter. The company’s EBITDA for Q3 FY 2024-25 stood at ₹216 crores, up from ₹205 crores in Q2 FY 2024-25. The EBITDA margin for the quarter was an impressive 67%, while the profit after tax (PAT) margin was 49%.
The exchange witnessed substantial growth in options trading, with the Average Daily Turnover (ADT) increasing to ₹2,07,090 crores from ₹1,93,309 crores in Q2 FY 2024-25. Additionally, the average premium turnover also increased to ₹3,613 crores, up from ₹3,264 crores in the previous quarter. Futures ADT also rose to ₹28,410 crores in Q3 FY 2024-25, compared to ₹26,941 crores in the preceding quarter.
For the nine months ended December 31, 2024, MCX’s ADT for both futures and options surged by 106%, reaching ₹2,09,233 crores, compared to the same period last year.
The total number of traded clients in futures and options grew by 49%, reaching ~11 lakh clients. The ADT for commodity futures increased by 33%, reaching ₹27,099 crores compared to ₹20,321 crores in FY 2023-24.
The notional ADT of options rose sharply by 124%, reaching ₹1,82,134 crores, up from ₹81,186 crores during the same period in FY 2023-24.
Additionally, MCX reported notable deliveries during the nine months, with 5.6 metric tons (MT) of gold, 489 MT of silver, and 49,986 MT of base metals delivered via the exchange.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
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Published on: Jan 21, 2025, 11:26 AM IST
Nikitha Devi
Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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