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The Economic Times
The Economic Times
Business

MCX revenue seen rising 19% annually through FY30 on wider investor, product base: Report

MCX Multi Commodity Exchange of India India Macquarie

Multi Commodity Exchange of India (MCX) could see revenue grow at a compound annual rate of 19 per cent through FY30 as rising investor participation and new commodity products expand trading activity, according to a report by Macquarie Equity Research.

The report said the Indian commodities market remains under-penetrated and has significant room for growth. It expects the exchange's revenue to rise from Rs 23.02 billion in FY26 to Rs 39.92 billion by FY29, with revenue growth estimated at 24.5 per cent in FY27, 22.4 per cent in FY28 and 13.8 per cent in FY29.

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