MCX's Q3 FY25 Consolidated Income from Operations up 57% YoY to Rs. 301 crores
Finance Outlook India Team | Tuesday, 21 January 2025
The Multi Commodity Exchange of India Ltd. (MCX), India’s largest Exchange in the Commodity Derivatives Market segment, announced its unaudited financial results for the 3rd Quarter ended December 31, 2024.
The highlights of the consolidated results are as under:`
Q3, FY24-25 Financial Highlights:
For the quarter ended December 31, 2024, MCX’s total income increased to Rs. 324 crores from Rs. 311 crores over the sequential quarter ended September 30, 2024. While the operating income increased to Rs. 301 crores from Rs. 286 crores in sequential quarter, Q2 FY24-25.
EBITDA for the quarter ended December 31, 2024, increased to Rs. 216 crores from Rs. 205 crores over the sequential quarter ended September 30, 2024. For the quarter ended December 31, 2024, the EBITDA margin was 67% and PAT margin was 49%.
Q3, FY24-25 Operational Highlights:
Options made a significant growth as its ADT increased to Rs. 2,07,090 crores as against Rs. 1,93,309 crores in Q2 FY24-25. The average premium turnover also increased to Rs. 3,613 crores from Rs. 3,264 crores in Q2 FY24-25.
The ADT of futures increased to Rs. 28,410 crores during Q3 FY24-25 from Rs. 26,941 crores in the previous quarter, Q2 FY24-25.
Quarter ended December 31, 2024, vs December 31, 2023 - Financial Highlights
For the quarter revenue from operations increased by 57% to Rs. 301 crores compared to the corresponding quarter last year.
For the quarter ended December 31, 2024, the total income of MCX stood at Rs. 324 crores vis-à-vis Rs. 209 crores during the corresponding period in the previous year.
EBITDA for the quarter ended December 31, 2024, stood at Rs. 216 crores, as against a loss of Rs. 2 crores in the corresponding period of FY23-24.
Net Profit for the quarter ended December 31, 2024, stood at Rs. 160 crores, as against a loss of Rs. 5 crores in the corresponding period of FY23-24.
Nine-month ended December 31, 2024 - Operational Highlights
For the nine months ended FY24-25, the ADT of futures and options increased by 106% reaching Rs. 2,09,233 crores, compared to the turnover in the same period the previous year.
The total traded clients in futures and options on the exchange saw a growth of 49%, reaching around 11 lakhs during FY24-25 over the corresponding period last year.
The ADT of commodity futures increased by 33% to Rs. 27,099 crores during FY24-25, from Rs. 20,321 crores in the corresponding period of FY23-24.
There was a significant increase in the notional ADT of options during the nine months of FY24-25, increasing by 124% to Rs. 1,82,134 crores from its previous value of Rs. 81,186 crores corresponding period of FY23-24.
During the nine months of FY24-25, 5.6 MT of Gold (all variants), 489 MT Silver (all variants) and a total of 49,986 MT of Base Metals were delivered through the Exchange mechanism.
