Latest News | MCX Q3 Net Profit Drops 52pc on Sluggish Revenue

New Delhi, Jan 29 (PTI) Leading commodity bourse MCX on Saturday posted a 52 per cent decline in consolidated net profit to Rs 34.46 crore for the third quarter of 2021-22 on sluggish revenue.

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The exchange had posted a net profit of Rs 71.80 crore in the same period of the previous fiscal.

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Net revenue declined on a consolidated basis to Rs 104.06 crore in the third quarter of the 2021-22 fiscal from Rs 125.67 crore in the year-ago period. Its expenses remained almost flat at Rs 58.05 crore as against Rs 58.15 crore in the said period.

(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)