Much of the bullishness comes from the company’s robust Q3 earnings. MCX reported a massive 151% year-on-year (YoY) jump in consolidated net profit, which rose to Rs 401 crore for the quarter ended December 31, 2026, from Rs 160 crore in the same period a year earlier. The profit after tax (PAT) is attributable to the owners of the company.
In today’s session, MCX Gold futures due February 5, 2026 rose Rs 9,954 or 6% to Rs 1,75,869 per 10 grams. Meanwhile, silver futures for March 5, 2026 delivery surged Rs 15,414 or 5% to Rs 4,00,780 per kg.
Momentum in the counter was further boosted by soaring gold and silver prices. When gold and silver prices rise sharply, volatility usually increases. This attracts hedgers, traders and speculators, leading to more futures and options trading. Higher volumes directly translate into higher transaction fees for MCX, boosting revenues.
In Q3, MCX also posted robust operational performance, with revenue from operations surging 121% YoY to Rs 666 crore, compared to Rs 301 crore in Q3FY25. On a sequential basis, the company’s bottom line rose 103% from Rs 197 crore in Q2FY26, while revenue also witnessed a 78% quarter-on-quarter increase from Rs 374 crore.
The company reported a 144% year-on-year rise in EBITDA, which stood at Rs 527 crore for the quarter under review, highlighting strong margin expansion and operational leverage.
The exchange also recorded significant growth in trading activity. The Average Daily Turnover (ADT) of futures and options increased 224% YoY, reaching Rs 7,50,136 crore in Q3FY26, up from Rs 2,31,821 crore in the same quarter last year.The bullion segment’s share in ADT rose to 69% quarter-on-quarter, driven by the launch of new variants including Gold Mini and Gold Ten Futures.
Additionally, MCX launched monthly options contracts on the MCX iCOMDEX Bullion Index – MCX BULLDEX, covering both gold and silver, with effect from October 2025, further enhancing its product offerings in the bullion segment.
Commenting on the financial results, Managing Director & CEO Praveena Rai said that MCX’s Q3 results underscore company’s continued momentum and deepening participation across segments. “Guided by the highest level of governance and compliance, we are enhancing product breadth and operational readiness for growth, delivering value to hedgers, investors and members while shaping the future of commodity derivatives,” Rai said.
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