Shares of Multi Commodity Exchange of India Ltd (MCX) climbed 3.46% to ₹7,858.50 in early trade on Monday, August 4, following a robust Q1FY26 earnings report and a stock split announcement. The stock touched an intraday high of ₹7,916 and now commands a market cap of ₹40,008 crore.
MCX reported a 49.9% sequential jump in net profit to ₹203 crore in Q1FY26, up from ₹135.4 crore in the previous quarter. Revenue rose 28.2% quarter-on-quarter to ₹373 crore, driven by strong activity in futures and options trading.
The company posted an EBITDA of ₹241.4 crore, up 51.1%, with margins expanding to 64.7% from 54.9% in Q4FY25. Average daily turnover surged to ₹3.10 lakh crore, with the bullion segment’s share rising from 23% to 44%, fueled by products like Gold Mini and monthly Silver options.
MD & CEO Praveena Rai highlighted increased MSME and institutional participation, aided by product innovation and awareness campaigns. The exchange also launched India’s first Electricity Futures and made advancements in bullion and agricultural derivatives.
In a significant corporate action, MCX’s board approved a 1:5 stock split, reducing the face value from ₹10 to ₹2, subject to approvals.
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