Comments
MCX recorded 22 per cent decline in December net profit at ₹18 crore against ₹23 crore registered in the same period last year, largely due to lower income from operations.
Expenses rise Total income during the quarter was up marginally at ₹77.45 crore from ₹77.08 crore for the corresponding quarter ended December 31, 2014.
Operating profit margin was down 8 per cent at ₹41 crore (₹45 crore). MCX’s net profit declined because expenses rose to ₹43 crore from ₹39 crore in the said period. MCX transferred ₹6 crore to Investors Protection Fund in the December quarter. The exchange has shown the fund transferred to IPF as an exception item in its balance sheet.
On Friday, MCX shares closed down 0.23 per cent at ₹814.45, on the BSE.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.