Multi Commodity Exchange of India Limited reported earnings results for the second quarter and six months ended September 30, 2025. For the second quarter, the company reported sales was INR 3,742.3 million compared to INR 2,855.8 million a year ago. Revenue was INR 4,007.9 million compared to INR 3,108.2 million a year ago. Net income was INR 1,974.7 million compared to INR 1,536.2 million a year ago. Basic earnings per share from continuing operations was INR 38.72 compared to INR 30.12 a year ago. Diluted earnings per share from continuing operations was INR 38.72 compared to INR 30.12 a year ago.
For the six months, sales was INR 7,474.4 million compared to INR 5,199.5 million a year ago. Revenue was INR 8,066.1 million compared to INR 5,640.1 million a year ago. Net income was INR 4,006.6 million compared to INR 2,645.4 million a year ago. Basic earnings per share from continuing operations was INR 78.56 compared to INR 51.87 a year ago. Diluted earnings per share from continuing operations was INR 78.56 compared to INR 51.87 a year ago.
Multi Commodity Exchange of India Limited is a commodity derivatives exchange. The Company facilitates online trading of commodity futures and options, data feed subscription and membership. It offers a platform for trading in varied commodity derivative contracts across product segments: bullion, base metals, energy, agricultural commodities and index futures. Its flagship index series, MCX iCOMDEX, is a series of real-time commodity futures price indices, which give information on market movements in key segments traded on the exchange. The MCX iCOMDEX series consists of a composite index, apart from two sectoral indices, such as the Base Metal index, and the Bullion index and four single-commodity indices, such as Gold, Silver, Copper, and Crude Oil. Its subsidiary, Multi Commodity Exchange Clearing Corporation Ltd, provides collateral management and risk management services, along with clearing and settlement of trades executed on the exchange.
This super rating is the result of a weighted average of the rankings based on the following ratings: Global Valuation (Composite), EPS Revisions (4 months), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Investor
Investor
This super composite rating is the result of a weighted average of the rankings based on the following ratings: Fundamentals (Composite), Global Valuation (Composite), EPS Revisions (1 year), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Global
Global
This composite rating is the result of an average of the rankings based on the following ratings: Fundamentals (Composite), Valuation (Composite), Financial Estimates Revisions (Composite), Consensus (Composite), and Visibility (Composite). The company must be covered by at least 4 of these 5 ratings for the calculation to be performed. We recommend that you carefully review the associated descriptions.
Quality
Quality
This composite rating is the result of an average of the rankings based on the following ratings: Capital Efficiency (Composite), Quality of Financial Reporting (Composite), and Financial Health (Composite). The company must be covered by at least 2 of these 3 ratings for the calculation to be performed. We recommend that you carefully review the associated descriptions.
