Multi Commodity Exchange of India Limited (MCX), India's leading commodity derivatives exchange, has announced its unaudited financial results for the quarter ended June 30, 2025, showcasing robust growth and strategic initiatives.

Financial Highlights

MCX reported its highest-ever total revenue of Rs. 405.82 crore for Q1 FY2025-26, marking a significant 60% year-on-year growth. The company's revenue from operations reached Rs. 373.21 crore, up 59% from the previous year's first quarter.

Key financial metrics for the quarter include:

The company's EBITDA margin stood at an impressive 68% for the quarter.

Operational Performance

MCX witnessed a substantial increase in trading activity during the quarter. The Average Daily Turnover (ADT) surged by 80% to Rs. 3,10,775 crore, compared to Rs. 1,72,759 crore in the same quarter last year. This growth was driven by increased participation from institutional clients and hedgers, particularly from the MSME sector and physical market players.

Stock Split Announcement

In a move to enhance stock affordability and accessibility for retail investors, the MCX Board has approved a stock split in a 1:5 ratio. This decision will reduce the face value of each share from Rs. 10 to Rs. 2, subject to regulatory and shareholder approvals.

Product Innovations and Market Position

MCX continues to innovate and expand its product offerings:

1. Launched Electricity Futures contracts, becoming the first exchange in India to do so.
2. Expanded the bullion segment with new Gold Mini and Silver contracts.
3. Introduced monthly expiry contracts for Silver (30 kg) and Silver Mini (5 kg).

The bullion segment's share in ADT increased significantly from 23% to 44% during the quarter.

MCX has maintained its position as the world's 6th largest commodity exchange, moving up from 7th place in 2023. It also stands as the world's largest commodity options exchange as of 2024, according to FIA data.

Management Commentary

Ms. Praveena Rai, Managing Director & CEO of MCX, commented on the results: "We began this financial year on a positive note, demonstrating resilience, adaptability, and strategic focus amid a continuously evolving market environment. We've also witnessed increased participation from institutional clients and hedgers, especially from the MSME sector and physical market players, with our awareness and product innovation efforts."

She further added, "We continue to work closely with our regulators and members to develop the commodity derivative market, improve physical market linkages, and enhance transparency. We remain focused on continuously strengthening technology and risk frameworks, which are an imperative and will serve us well in times to come."

As MCX continues to innovate and expand its offerings, the company appears well-positioned to capitalize on the growing interest in commodity derivatives trading in India.

Multi Commodity Exchange of India Limited (MCX), India's leading commodity derivatives exchange, has announced the record date for its previously approved stock split while continuing to build on its impressive financial performance for the first quarter of fiscal year 2025-26.

Record Date Fixed for Stock Split

MCX has fixed Friday, January 2, 2026, as the record date for determining shareholders eligible for the approved 1:5 stock split. This announcement follows the earlier board approval and subsequent shareholder approval received on September 13, 2025. The stock split will convert each existing equity share with a face value of Rs. 10.00 into five equity shares with a face value of Rs. 2.00 each, making MCX shares more accessible to retail investors.

Strong Q1 Financial Performance

MCX reported robust financial results for the quarter ended June 30, 2025, demonstrating significant growth across key metrics:

Operational Highlights and Market Leadership

MCX witnessed exceptional operational performance with Average Daily Turnover (ADT) reaching Rs. 3,10,775.00 crore, marking an 80.00% year-over-year increase. The exchange strengthened its global position, maintaining its status as the world's largest Commodity Option Exchange and advancing to become the world's 6th largest Commodity Exchange, up from 7th place in 2023.

The company launched innovative products including Electricity Futures contracts, becoming the first exchange in India to offer such contracts. MCX also introduced new variants in the Bullion segment, including Gold Mini and Gold Ten Futures.

Management Outlook

Ms. Praveena Rai, Managing Director & CEO of MCX, highlighted the company's strong start to the financial year, emphasizing increased participation from institutional clients and hedgers, particularly from the MSME sector and physical market players. The exchange continues to focus on strengthening its technology and risk frameworks while working closely with regulators to develop the commodity derivative market.

With the record date now set for the stock split and strong financial fundamentals, MCX continues to solidify its position as a key player in India's commodity markets.