MCX reported Q1 net profit of ₹413 crore, down 22%; revenue slid to ₹702 crore and margins contracted
Multi Commodity Exchange Ltd.Multi Commodity Exchange of India LtdNSE

MCX reported Q1 net profit of ₹413 crore, down 22%; revenue slid to ₹702 crore and margins contracted

Multi Commodity Exchange of India Ltd (MCX) reported a 22% decline in Q1 net profit to ₹413 crore, down from ₹530 crore last year, while revenue fell 21% to ₹702 crore. The EBITDA margin also contracted to 70.4%, reflecting challenges in the commodity market.

Sahi Sahi+1 source4 August 2026 · 22:11 UTC
CuriousCats Full Story

Multi Commodity Exchange of India Ltd (MCX) reported a 22% decline in net profit for Q1 FY27, totaling ₹413 crore, down from ₹530 crore in the same quarter last year.1

The company's operating revenue also fell by 21% to ₹702 crore, compared to ₹889 crore in the previous fiscal year.

The EBITDA (earnings before interest, taxes, depreciation, and amortization) decreased by 25.8% to ₹494 crore, with the EBITDA margin contracting to 70.4% from 74.9%.34

Despite these declines, MCX maintains a dominant position in the Indian commodity derivatives market, holding over 95% market share. The company attributes its performance to ongoing global price volatility in key commodities, including gold and energy contracts.

MCX's share price saw a slight uptick of 1.43% to settle at ₹2,680, reflecting a 67.97% increase year-on-year. The company is scheduled to hold its Q1 FY27 analyst call on August 5, 2026, to discuss operational metrics further.

The exchange's strong full-year performance in FY26, with a record PAT of ₹1,332 crore, contrasts sharply with the current quarter's results, highlighting the challenges faced in the current fiscal year.

Key Insight
“Profit grew 103% YoY from ₹203.19 crore, although Ebitda fell 25.8% to ₹494 crore and margin slipped to 70.4% from 74.9%; MCX shares rose 1.43% to ₹2,680. The exchange holds a near-monopoly with over 95% market share, though NSE is introducing options and retail-centric contracts like GOLD10G to target bullion.”
CuriousCats studied:
1
SahiSahi
Market snapshot: Multi Commodity Exchange of India Ltd (MCX) has delivered exceptional year-on-year growth for the first quarter ended June 30, 2026.”
Sahi →
2
NDTV Profit
“Multi Commodity Exchange Ltd.'s net profit saw a 22% decline to Rs 413 crore in the first quarter of fiscal 2027, according to an exchange filing from the company on Monday.”
NDTV Profit →
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