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The Economic Times
The Economic Times
Sakshi Kumari

MCX shares fall 4% after Q1 profit falls 22% QoQ to Rs 413 crore. What should investors do?

MCX Motilal Oswal

Shares of the Multi Commodity Exchange of India (MCX) fell 4% to Rs 2,565 on the NSE on Wednesday after the company reported a sequential decline in net profit and revenue in the June quarter.

On a quarterly basis, profit after tax (PAT) declined 22% to Rs 413 crore, while revenue from operations fell 21%. However, profit surged 103% year-on-year (YoY).

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