Jan 14, 2017 12:35 PM IST | Source: PTI

MCX Q3 net profit zooms 94% to Rs 34 cr

Leading commodity exchange MCX today reported 94 percent increase in net profit at Rs 33.93 crore for the quarter ended December.

Leading commodity exchange MCX today reported 94 percent increase in net profit at Rs 33.93 crore for the quarter ended December.

Its net profit stood at Rs 17.51 crore in the year-ago period, MCX said in a filing to the BSE.

Income from operations rose to Rs 68.60 crore in the third quarter of the current fiscal from Rs 56.96 crore in the corresponding period of the previous year.

The company's other income rose to Rs 31.16 crore in the third quarter of this fiscal from Rs 20.33 crore in the same period last year.

During the April-December period of this fiscal, net profit increased to Rs 104.39 crore from Rs 69.33 crore in the corresponding period of the previous year.

Income from operations rose to Rs 196.83 crore in the first nine-months of this fiscal from Rs 174.42 crore in the corresponding period last year.

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