Latest News | MCX Q2 Net Profit Drops over 18pc

New Delhi, Oct 28 (PTI) Leading commodity bourse MCX on Wednesday reported over 18 per cent drop in its consolidated net profit to Rs 58.55 crore for the second quarter of 2020-21.

Its net profit stood at Rs 71.75 crore in the same quarter of the previous fiscal, according to a regulatory filing.

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Net income declined to Rs 137.52 crore in the July-September quarter of 2020-21 from Rs 144.53 crore in the year-ago period.

Expenses were at Rs 59.27 crore in the quarter under review as against Rs 57.12 crore in July-September 2019-20.

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MCX offers futures and option trading in both agriculture and non-agricultural commodities.

Shares of the company settled lower by 1.87 per cent at Rs 1766.10 apiece on BSE on Wednesday.

(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)