Mcx reported a weak set of numbers for the quarters Q4FY21 By Mr. Yash Gupta, Angel Broking Ltd
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Below are Quote on Mcx reported a weak set of numbers for the quarters Q4FY21 by Mr. Yash Gupta Equity Research Associate, Angel Broking Ltd
Multi commodity exchange of India reported degrowth in total income of 20% to ₹108 Crores in Q4FY2021 as compared to ₹135 crores in Q4FY20.
EBITDa for the quarter fell by 21% to ₹55.73 Cr from ₹70.3 Cr in Q4FY2020, EBITDA margins are down by 700 Bps to 51% in Q4FY2021.
Company reported profit after tax of ₹38.4 Cr in Q4FY2021 degrowth of 41% from 65.5 Cr in Q4FY2020.
MCX reported weak set of numbers for the quarter ended 31st march 2021, Revenue down by 20%, Profit after tax down by 41%, average daily turnover down by 14% in Q4FY2021. On the cash flow side the company reported negative cash flow while a huge jump in current liability in this quarter.
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