MCX reports Q3 profit on higher revenue, cost cuts

Multi Commodity Exchange (MCX) reported a quarterly profit of Rs 160.04 crore for the December quarter of FY25, compared with a loss of Rs 5.35 crore a year earlier, driven by stronger revenue and lower operational costs.

Total income at India's largest non-agricultural commodity derivatives exchange rose to Rs 324.36 crore from Rs 209.26 crore in the same period last year, the company said in a statement.

The exchange's expenses declined to Rs 123.03 crore, from Rs 222.25 crore in the previous year.