MCX Q1 net profit down 61 pct at Rs 23.4 cr

Aug 13 2014, 21:31 IST
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SummaryMCX posted a net profit of Rs 60.11 crore in the year-ago period.

Commodity exchange MCX today reported a 61 per cent fall in net profit at Rs 23.40 crore for the quarter ended June on lower income.

It had posted a net profit of Rs 60.11 crore in the year-ago period.

Total income fell by 50 per cent to Rs 75.88 crore in the first quarter of this fiscal as against Rs 151.35 crore in the corresponding quarter of previous year, MCX said in a filing to the BSE.

Share price of MCX, the country's largest commodity exchange, fell by 2.74 per cent to Rs 789.95 apiece on BSE.

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