Multi Commodity Exchange of India (MCX) Q1 26/27 earnings summary

Executive summary

• Q1 FY27 saw strong operational and financial performance, with total income rising 85% year-over-year to ₹752 crore and profit after tax reaching ₹413 crore, up 103% year-over-year.

• Maintained over 99% market share in bullion, base metals, and energy segments, with average daily turnover (ADT) for futures and options at ₹10.5 lakh crore, up 47% year-over-year.

• Traded client base doubled year-over-year to 13.72 lakh, reflecting broader market adoption.

• Un-audited standalone and consolidated financial results for the quarter ended June 30, 2026, were approved by the Board on August 4, 2026.

• A wholly owned subsidiary, MCX Coal Exchange of India Limited, was incorporated on June 11, 2026.

Financial highlights

• Revenue from operations increased 88% year-over-year to ₹702 crore; EBITDA doubled to ₹544 crore with a margin of 72%.

• Consolidated net profit after tax was ₹413.44 crore, compared to ₹203.19 crore year-over-year.

• Standalone income from operations was ₹666.59 crore, up 91% year-over-year.

• EPS for the quarter was ₹16.21, up from ₹7.97 year-over-year.

• Float income for the quarter was ₹30 crore.

Outlook and guidance

• Growth momentum is expected to remain strong, with continued expansion in participation, product suite, and liquidity.

• Regulatory changes allow broader participation from banks, mutual funds, portfolio managers, and FPIs.

• Focus remains on technology investment, risk management, and expanding into new commodity segments like coal.

• The record date for determining shareholders eligible for the final dividend will be set, subject to shareholder approval at the AGM.