Summary of this article
MCX shares jumped 5.7 per cent after record Q1 revenue of Rs 373.2 crore.
Profit surged 83 per cent y-o-y to Rs 203.2 crore on higher F&O activity.
Bullion share of average daily turnover rose from 23 per cent to 44 per cent on new gold contracts.
Board approved 1:5 stock split, pending shareholder and regulatory approvals.
Shares of Multi Commodity Exchange of India (MCX) surged as much as 5.7 per cent to hit an intraday high of Rs 8,027 apiece on the NSE on August 4, snapping from its three-day losing streak. The rally came after the company posted strong Q1 results and announced a 1:5 stock split to attract more retail investors. If approved, this will be MCX’s first-ever stock split.
MCX share price have year-to-date (YTD) delivered over 27 per cent returns. Over the past one year, it has rallied more than 90 per cent.
MCX Q1 Results
MCX delivered its highest-ever total revenue for the quarter ended June 30, 2025, buoyed by strong trading volumes and increased market participation.
MCX posted consolidated revenue from operations of Rs 373.21 crore, up 59 per cent year-on-year (y-o-y). Total income rose 60 per cent y-o-y to Rs 405.82 crore. Profit after tax grew 83 per cent to Rs 203.19 crore, supported by increased activity in bullion and energy contracts.
The exchange’s average daily turnover of futures and options (F&O) jumped 80 per cent y-o-y to Rs 3,10,775 crore. The bullion segment’s share of average daily turnover rose from 23 per cent to 44 per cent, supported by the introduction of new products such as Gold Mini and Gold Ten Futures.
Praveena Rai, Managing Director & CEO, MCX, said "We introduced new contracts including Electricity Futures, expanded the contracts in the bullion and agri segments, broadening the risk management spectrum for our stakeholders."
In 2024, MCX became the first exchange in India to introduce Electricity Futures contracts. According to Futures industry Association (FIA) data, MCX emerged as the world’s largest Commodity Options Exchange in 2024 and ranked as the 6th largest Commodity Exchange globally, improving from the 7th position in 2023.
Following the positive market response to its monthly Gold Options, MCX launched additional products, including Silver (30 kg) and Silver Mini (5 kg) monthly expiry contracts. The exchange also announced the re-launch of its Cotton Futures contract, effective from the November 2025 expiry.
MCX Stock Split
The MCX board has approved a stock split in the ratio 1:5, which means every existing share with a face value of Rs 10 will be split into five shares of Rs 2 each.
The company said the stock split will improve liquidity in the market, making it easier for people to buy and sell MCX shares. However, the split will only take effect after getting all the necessary regulatory clearances and shareholder approval.
MCX said in its exchange filing that the record date for the proposed stock split will be determined after receiving the required approval from the company’s shareholders.
