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Multi Commodity Exchange of India Ltd.’s turnover of commodity futures contracts declined ~8% QoQ to Rs 19.15 lakh crore in Q1 FY22.
Average daily turnover declined ~11.2% YoY to Rs 28,031 crore, due to increase in margin requirement.
Revenue from operation declined ~10% QoQ to ~Rs 87.6 crore.
Notional average daily turnover of options increased 192% YoY to Rs 1,900 crore in Q1 FY22 from Rs 651 crore in Q1 FY21.
Other income came in at Rs 21.3 crore, up 85% QoQ.
Excluding other income, core profit before tax came at Rs 30.1 crore, up 39% YoY and down 21% QoQ.
MCX’s earnings remained steady QoQ at Rs 39.9 crore, led by higher other income.
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