IANS | 21 Jul, 2018
The Multi Commodity Exchange of India (MCX) on Friday reported a decline
of 72 per cent in its consolidated net profit in the first quarter of
2018-19 on account of an exceptional item.
According to the MCX,
consolidated net profit during the quarter under review declined to Rs
7.33 crore from Rs 26.30 crore, on account of an exceptional item of Rs
23.80 crore.
However, MCX's consolidated operating income
registered a growth of 23 per cent to Rs 72.87 crore from Rs 59.19 crore
during the corresponding Q1 of FY2018.
"We have witnessed strong
growth in the overall operating performance, as our average daily
traded turnover grew about 30 per cent to Rs 24,360 crores over the corresponding quarter last year," MCX MD and CEO Mrugank Paranjape was quoted as saying in a statement.
"The commodity contracts across the non-agricultural segment led to the growth in the quarter."