MCX shares rise 1% as exchange posts 29% YoY surge in Q2FY26 PAT – News Air Insight

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Shares of Multi Commodity Exchange (MCX) rose by 1% to hit an intraday high of Rs 9,348.95 on the BSE after the company reported a strong year-on-year (YoY) growth of 28.54% in its Profit After Tax (PAT) for the second quarter of the financial year 2025–26 (Q2 FY26).

PAT for the quarter stood at Rs 197.47 crore, compared to Rs 153.62 crore in Q2 FY25.

The earnings performance was supported by a robust increase in revenue and operational efficiency. MCX’s revenue from operations grew 31% YoY to Rs 374.23 crore in Q2 FY26.

Earnings before interest, tax, depreciation, and amortisation (EBITDA) rose approximately 32% YoY to Rs 270.19 crore in Q2 FY26. The company’s EBITDA margin expansion contributed to the improved profitability.

Total income in the period under review stood at Rs 400.79 crore, a 28.95% rise over the corresponding period last year, while total expenses increased 25.06% YoY to Rs 150.41 crore.


MCX reported an impressive 87% year-on-year jump in Average Daily Turnover (ADT) of futures and options to Rs 4,11,270 crore in Q2 FY25, up from Rs 2,20,249 crore a year earlier. The surge was driven by robust activity in the bullion segment, whose share in ADT rose from 44% to 57%. This was further aided by the launch of new product variants such as Gold Mini, Gold Ten Futures, and monthly expiry contracts for Silver (30 kg) and Silver Mini (5 kg).For the half-year ended September 2025 (H1 FY26), PAT stood at Rs 400.66 crore, reflecting a YoY growth of 51%. Revenue from operations for the half-year increased 44% YoY to Rs 747.44 crore, while EBITDA rose ~53% to Rs 544.46 crore.

On a quarter-on-quarter (QoQ) basis, MCX’s Q2 FY26 PAT declined marginally by 2.82% from Rs 203.19 crore in Q1 FY26. Total income also fell slightly by 1.24% sequentially.

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The exchange introduced new commodity contracts during the quarter to bolster product offerings, including the launch of Cardamom Futures (effective from July 2025), new Nickel Futures with updated trading units (effective August 2025), and monthly Options contracts on the MCX iCOMDEX Bullion Index (MCX BULLDEX) for Gold and Silver, effective October 2025.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)



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