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MCX reports many fold jump in Q4 consolidated net profit
Apr-24-2024

Multi Commodity Exchange of India (MCX) has reported results for fourth quarter (Q4) and year ended March 31, 2024.

The company has reported over 5-fold jump in its net profit at Rs 61.95 crore for the quarter under review as compared to Rs 12.15 crore for the same quarter in the previous year.  Total income of the company increased by 31.31% at Rs 178.56 crore for Q4FY24 as compared Rs 135.98 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported over 16-fold jump in its net profit at Rs 87.87 crore for fourth quarter ended March 31, 2024 as compared to net profit of Rs 5.45 crore for the same quarter in the previous year. Total income of the company increased by 29.66% at Rs 199.45 crore for Q4FY24 as compared Rs 153.83 crore for the corresponding quarter previous year. 

For the year ended March 31, 2024, the company has reported 59.98% fall in its net profit at Rs 51.96 crore as compared to Rs 129.83 crore for the previous year. However, total income of the company increased by 28.72% at Rs 671.24 crore for year under review as compared to Rs 521.47 crore for year ended March 31, 2023.

For the year ended March 31, 2024, on the consolidated basis, the company has reported 44.21% fall in its net profit at Rs 83.11 crore as compared to Rs 148.97 crore for the previous year. However, total income of the company increased by 30.59% at Rs 758.94 crore for year under review as compared to Rs 581.17 crore for year ended March 31, 2023.


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