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 a series of significant developments, including a stock split and impressive financial results for the first quarter of the fiscal year 2025-26.

Stock Split Approval

The MCX Board of Directors has approved a stock split in the ratio of 1:5. This means that each existing equity share with a face value of Rs. 10 will be split into five equity shares with a face value of Rs. 2 each. The decision aims to enhance stock affordability and make MCX shares more accessible to retail investors. The stock split is subject to necessary statutory and regulatory approvals, including shareholders' approval.

Strong Q1 Financial Performance

MCX reported robust financial results for the quarter ended June 30, 2025:

The EBITDA margin improved to 64.75% from 56.56% in the previous year.

Operational Highlights

• Average Daily Turnover (ADT): MCX witnessed an 80% year-over-year increase in ADT, reaching Rs. 3,10,775 crore.
• Market Position: MCX maintained its position as the world's largest Commodity Option Exchange in 2024, according to FIA data. It also moved up to become the world's 6th largest Commodity Exchange in 2024, improving from 7th place in 2023.
• Product Innovation: The exchange launched Electricity Futures contracts, becoming the first in India to do so. MCX also introduced new variants in the Bullion segment, including Gold Mini and Gold Ten Futures.

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."

The company remains focused on strengthening its technology and risk frameworks, while working closely with regulators and members to develop the commodity derivative market and enhance transparency.

With these developments, MCX continues to solidify its position as a key player in India's commodity markets, driving innovation and growth in the sector.