announces net profit of Rs 38.44 cr in the fourth quarter of fiscal 2021


MCX announces net profit of Rs 38.44 cr in the fourth quarter of fiscal 2021

  • MCX (Consolidated) Operating Revenue Decreased 14% to Rs 96.97 Crore for Fourth Quarter of Fiscal 2021
  • Net profit (consolidated) for the fourth quarter of fiscal 2021 decreased by 41% to Rs 38.44 crore with a net profit margin of 35%; For 12M FY 2021, net profit decreased 5% to Rs 225.22 crore.
  • EBITDA margin (consolidated) stands at 51% for Q4 FY 2021 and 58% for FY2021

Mumbai, May 22, 2021: Multi Commodity Exchange of India Ltd (MCX) has announced its audited financial results for the fourth quarter and twelve months ended March 31, 2021.

Q4, fiscal year 2021

  • For the quarter ended March 31, 2021, MCX’s total income decreased by 20% to Rs. 108.46 crore from Rs. 134.94 crore over the corresponding quarter ended March 31, 2020. While operating profit recorded a decrease of 14% to Rs. 96.97 crore from Rs. 112.19 crore in the corresponding fourth quarter of fiscal 2020.
  • EBITDA for the quarter ended March 31, 2021 decreased by 21% to Rs 55.73 crore from Rs 70.35 crore in the corresponding quarter ended March 31, 2020.
  • Net profit for the quarter ended March 31, 2021 decreased 41% to Rs. 38.44 crore from Rs. 65.50 crore over the corresponding quarter ended March 31, 2020.
  • For the quarter ended March 31, 2021, the EBITDA margin was 51% and the PAT margin was 35%.
    12 months of fiscal year 2021
  • For the twelve months ended March 31, 2021, MCX’s total income was Rs. 494.34 crore vis- vis-à-vis Rs. 503.11 crore in the corresponding period of the previous year.
  • EBITDA for the twelve months of fiscal 2021 was Rs. 288.91 crore, compared to Rs. 283.62 crore in the corresponding period of fiscal 2020.
  • Net profit for the twelve months ended March 31, 2021 was Rs. 225.22 crore, a decrease of 5% over the corresponding period of the fiscal year 2019-20.
  • For the twelve months ended March 31, 2021, the EBITDA margin was 58% and the PAT margin was 46%.
    Operational performance
  • Average Daily Revenue (ADT) * across all commodity futures contracts decreased by approximately 2.9% to Rs 31,595 crore in the twelve months of fiscal 2021 from 32 Rs 550 crore in the corresponding period of fiscal year 2020.
  • ADT * on commodity futures (including index futures) on the exchange fell 13% to Rs. 31,823 crore in Q4 FY 2021 from Rs. 36,626 crore in the corresponding quarter of Q4 FY2020 .
  • During the twelve months ended FY2021, the Exchange’s market share in the commodity futures space increased to 96.04% from 94.01% in the corresponding period of l ‘fiscal year 2020.
  • During the 12 months of fiscal 2021, a total quantity of 59,848 tonnes of base metals was delivered through the clearinghouse.
    About MCX:
    Having started operations on November 10, 2003, Multi Commodity Exchange of India Limited (MCX) is the first publicly traded electronic exchange in India. It is also the first exchange to introduce commodity options in India. In fiscal year 2020-2021, MCX’s market share was 96.04%. MCX offers the benefits of fair price discovery and price risk management to the Indian commodities market ecosystem. Various commodities across segments are traded on the Exchange platform. These include ingots, energy, metals and agricultural products. The exchange forged strategic alliances with various international exchanges, as well as with Indian and international trade associations. For more information about MCX and its products, visit www.mcxindia.com.
    For more details contact: Vijay Ganeshan Iyer Corporate communication, MCX Mobile: +91 86578 58093 [email protected]
    • Excludes Muhurat Trading Day in the number of days when calculating ADT

Warning

MCX – Multiple Commodity Exchange of India Ltd. published this content on May 22, 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unchanged, on 23 May 2021 08:06:06 AM UTC.

Publicnow 2021


About Catriona

Check Also

Blue Ocean Technologies integrates with Broadridge

Blue Ocean Technologies successfully integrates with Broadridge trading and connectivity solutions NEW YORK, Aug. 1, …

Leave a Reply

Your email address will not be published.