Multi Commodity Exchange of India Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
MCX reported total income up 85% to Rs 752 crore and revenue from operations up 88% to Rs 702 crore for Q1 FY27, with EBITDA more than doubling to Rs 544 crore at a 72% margin and PAT of Rs 413 crore. Management attributed the sequential decline from Q4 FY26 to a normalization after an exceptionally strong quarter driven by geopolitical volatility, while noting year-on-year growth remained strong across turnover, options notional ADT and client participation. The company also discussed new initiatives including the Silver 100 Grams Futures contract, expanded Good Delivery Norms, the MCX Coal Exchange incorporation, and use of MCX bullion price by asset managers for AUM calculations.
MCX reported consolidated revenue from operations more than doubling to Rs 2,302 crores for FY26, supported by nearly 2.5 times growth in average daily turnover across futures and options. Profit after tax crossed Rs 1,300 crores with EBITDA at Rs 1,774 crores. Management attributed growth to structural factors including bullion and energy volumes, product innovation, and expanding market participation, while flagging competition, RBI lending norms, and operational risk as areas of focus.