Thursday, November 8, 2012

MCX Jul-Sept net profit dips 9 pc to Rs 81 cr


Commodity bourse MCX has posted a nine percent decline in standalone net profit to Rs 81.40 crore for the second quarter ended September 30. The company had posted a net profit of Rs 89.41 crore in the same period last year, the exchange said in a statement.

Income from operations fell to Rs 136.42 crore in the July-September quarter of the current fiscal from Rs 161.29 crore in the year-ago period.

In a board meeting held yesterday, MCX declared an interim dividend of Rs 12 per share. MCX holds a market share of over 75 percent of the Indian commodity futures market. It offers futures trading in both agriculture and non-agriculture items.

The exchange witnessed trading volume in the range of Rs 6,00,000-7,00,000 crore per month during the second quarter of the current fiscal.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd 

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