MCX Q2 results: Bumper jump in commodity exchange earnings, profit jumps 130%

MCX Q2 Results: The country’s leading commodity exchange i.e. Multi Commodity Exchange of India (MCX) has declared the results for the second quarter of the financial year 2026-27. The company’s business has seen tremendous growth in this quarter from July to September. The company’s profits have more than doubled year-on-year. Not just profit, but the company has recorded strong growth on every front from revenue to operating profit (EBITDA).

A new record of earnings in quarterly results

Looking at the figures for the September quarter, MCX’s net profit rose 130 percent to Rs. 454.57 crores. This figure was Rs 197.47 crore in the same quarter last year. That means the company’s net income has more than doubled in one year. During this period the company’s revenue also reached Rs. 374.23 crore to Rs. 799.66 crores.

The company’s working profit i.e. EBITDA has also registered a huge increase. EBITDA which in September quarter last year was Rs. 243.63 crore, it has now increased to Rs. 611.24 crores. Most importantly, the company’s EBITDA margin increased to 76.4 percent from 65.1 percent.

How was the total business in the first half?

MCX’s performance has been very strong not only in the second quarter, but in the entire first half of FY2027. The total revenue of the company increased by 100.8 percent in the six months to Rs. 1,502 crores. At the same time, half-yearly EBITDA rose by 121.3 percent to Rs. 1,206 crore has been reached. Total net profit in the first six months also increased by 116.4 percent to Rs. 868 crores.

If we look at the size of the business, the average daily turnover of futures trading on the exchange in this half year is Rs. 61,280 crore has been. At the same time, the turnover figure in the options segment stood at Rs. 10,96,529 crore has reached a huge level.

Huge investment in coal exchange

Along with expanding its core business, the company is also investing money on future plans. MCX has invested Rs. 51.50 crores have been invested additionally. After the addition of this new investment, the company’s total investment in this call exchange subsidiary now stands at Rs. 52.50 crore has been made.

Brokerage opinion on stock movements

Amidst the quarterly results, the stock market also saw a good movement in the shares of MCX. On Tuesday, November 3, the company’s shares rose 7.42 percent to Rs. 3,490.10 to close. Looking at the track record of the last 6 months, this stock has returned 19.82 percent to its investors.

Brokerage firm SBI Securities has expressed confidence in the stock regarding its future moves. The brokerage offered MCX shares at Rs. 3,633 has been targeted. The company expects the stock to rise about 14 percent from current levels.

Vibhava Shukla
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