MCX Q1 net profit down 1.00% at Rs 32.63 cr
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The company reported standalone net profit of Rs 32.63 crore for the quarter ended June 30, 2022 as compared to Rs 32.96 crore in the same period last year, registering a year-on-year decline of 1.00 per cent. Net revenue of the company rose substantially by 27.00 per cent at Rs 98.59 crore in April-June quarter of this fiscal as against Rs 77.63 crore in the corresponding period last year.
During April-June quarter, operating expenses increased by 19.50 per cent to Rs 59.56 crore from Rs 49.84 crore in year ago period. Other Income dipped by 58.32 per cent at Rs 9.75 crore versus (Jun'21 Rs 23.39 crore). Operating Profit surged by 40.45 per cent to Rs 39.03 crore as against Rs 27.79 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 10.59 per cent in June quarter. Interest grew by 0.00 per cent y-o-y to Rs 0.06 crore, while Taxation decreased by 8.62 per cent at Rs 10.60 crore (Jun'21 Rs 11.60 crore).
