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MCX Q1 net profit falls over 72% at Rs.7 crore

MCX has reported above 72% drop in its consolidated net profit at Rs.7.33 crore, during the quarter ended June 30,2018.

The company’s net profit in the same quarter last year was at Rs.26.30 crore. The income from the operations increased to Rs.72.87 crore during April-June quarter of the current fiscal, while in the same quarter last year it was Rs.59.19 crore.

Further, Mrugank Paranjape, MCX CEO and MD stated, “We have witnessed strong growth in the overall operating performance, as our average daily traded turnover grew about 30% to Rs.24,360 crore over the corresponding quarter last year.”

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