Latest News | MCX Posts 54 Pc Rise in Q4 Net Profit
Get latest articles and stories on Latest News at LatestLY. Multi Commodity Exchange of India Ltd (MCX) on Thursday posted a 54.15 per cent jump in consolidated net profit to Rs 135.46 crore in fourth quarter of the 2024-25 fiscal on higher income.
New Delhi, May 8 (PTI) Multi Commodity Exchange of India Ltd (MCX) on Thursday posted a 54.15 per cent jump in consolidated net profit to Rs 135.46 crore in fourth quarter of the 2024-25 fiscal on higher income.
The company reported a net profit of Rs 87.87 crore a year-ago, a regulatory filing said.
Total income rose by 60.68 per cent to Rs 320.49 crore during the March quarter of 2024-25, from Rs 199.45 crore a year ago.
Expenses rose to Rs 152.96 crore from Rs 92.96 crore in the said period.
For the full 2024-25 fiscal, the company reported over six-fold jump in consolidated net profit to Rs 560.04 crore as against Rs 83.11 crore in the previous year.
The board recommended a final dividend of Rs 30 per equity share for the 2024-25 fiscal.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)