MCX Share Price
Shares of Multi Commodity Exchange (MCX) declined 7.9% on January 21, 2025, hitting an intraday low of ₹5,540, even as the company reported strong Q3FY25 financial results. At 10:02 am, the stock was trading at ₹5,552.15 on the BSE, down 7.73%.
This decline was in contrast to the broader market, as the BSE Sensex fell only 0.38% to 76,777.61. The market capitalisation of the company stood at ₹28,390.28 crore, with a 52-week range of ₹2,917 and ₹7,046.70.
In Q3FY25, MCX returned to profitability, reporting a net profit of ₹160.04 crore as against a loss of ₹5.35 crore in the same period last year. Revenue grew 57.4% year-on-year to ₹301 crore, while total income grew sequentially from ₹311 crore to ₹324 crore. Operating income also grew to ₹301 crore from ₹286 crore in the previous quarter.
EBITDA for Q3FY25 stood at ₹216 crore, up from ₹205 crore in Q2, with EBITDA margin at 67% and PAT margin at 49%. The company’s average daily turnover (ADT) for options increased from ₹1,93,309 crore to ₹2,07,090 crore in Q2FY25.
ADT of futures traded also increased sequentially from ₹26,941 crore to ₹28,410 crore, while average premium traded increased from ₹3,264 crore to ₹3,613 crore.
MCX, which holds 97.97% market share in commodity futures contracts traded in FY25 (April to December 2024), plays a vital role in fair price discovery and price risk management within India’s commodity market ecosystem.
Despite its strong quarterly performance, MCX shares have declined 13% in the past one year, less than the Sensex, which gained 9.5% in the same period.
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