Shares of Multi Commodity Exchange of India were in focus on Tuesday, January 27, rising over 2% in early trade, after the exchange reported a sharp surge in earnings for the December quarter, driven by strong trading activity and margin expansion.
MCX posted a 151% year-on-year jump in consolidated net profit to Rs 401 crore for Q3FY26, compared with Rs 160 crore in the same quarter last year. The profit after tax is attributable to the owners of the company. On a sequential basis, profit more than doubled, rising 103% from Rs 197 crore in Q2FY26.
Revenue from operations also recorded robust growth, surging 121% YoY to Rs 666 crore in the December quarter, up from Rs 301 crore a year earlier. Sequentially, revenue increased 78% from Rs 374 crore in the September quarter.
Operational performance remained strong, with EBITDA rising 144% year-on-year to Rs 527 crore, reflecting operating leverage and improved margins amid higher volumes.
Trading activity on the exchange saw a sharp uptick during the quarter. The average daily turnover (ADT) of futures and options jumped 224% YoY to Rs 7,50,136 crore, compared with Rs 2,31,821 crore in Q3FY25. The bullion segment continued to be a key growth driver, with its share in ADT rising 69% quarter-on-quarter, aided by the launch of new products such as Gold Mini and Gold Ten Futures.
During the quarter, MCX also expanded its product offerings by launching monthly options contracts on the MCX iCOMDEX Bullion Index – MCX BULLDEX, covering both gold and silver, with effect from October 2025. The move further strengthened the exchange’s presence in bullion derivatives.
The strong earnings growth, rising participation, and expanding product suite supported investor sentiment, keeping MCX shares firmly in the spotlight following the Q3FY26 results.
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