Company's income from operations increased 2.9 percent QoQ to Rs 79.1 crore, which was ahead of Motilal Oswal's estimate of Rs 77.4 crore
Net Sales are expected to increase by 5.2 percent Q-o-Q (up 25.4 percent Y-o-Y) to Rs. 74 crore, according to HDFC Securities.
The Budget will take care of this year is the re-introduction of benefits under section 88E for our members. We believe this will go long way in terms of boosting both the volumes and the confidence in the overall commodity markets in terms of volume as well, said Mrugank Paranjpe, MD & CEO of MCX
In an interview to CNBC-TV18, Mrugank M Paranjape, MD & CEO of Multi Commodity Exchange of India spoke about the results and his outlook for the company.