DBT Bureau
Pune, 9 Nov 2026
Multi Commodity Exchange of India (MCX) has reported strong financial performance for the second quarter of FY27, with its net profit increasing 130.8% year-on-year (YoY) to ₹455 crore, compared with ₹197 crore in the corresponding quarter of the previous financial year.
The exchange also reported strong growth in revenue and operating performance, supported by higher trading activity across its futures and options segments.
According to the company’s press release dated November 3, 2026, revenue from operations increased 113.9% YoY to ₹800 crore in Q2 FY27, compared with ₹374 crore in Q2 FY26.
Total income for the quarter stood at ₹851 crore, registering a growth of 112.2% from ₹401 crore in the year-ago period.
EBITDA increases 145.9%
MCX reported EBITDA of ₹664 crore for the September quarter, marking a growth of 145.9% compared with ₹270 crore in Q2 FY26.
The EBITDA margin improved to 78% from 67.3% in the corresponding quarter last year. Profit before tax increased 158% YoY to ₹640 crore.
The company’s total expenses stood at ₹211 crore during the quarter, compared with ₹153 crore in the year-ago period.
H1 FY27 performance remains strong
For the first half of FY27, MCX reported revenue from operations of ₹1,502 crore, registering a growth of 100.8% compared with ₹748 crore in H1 FY26.
Total income increased 98.6% YoY to ₹1,603 crore, while EBITDA rose 121.3% to ₹1,206 crore.
Net profit for the six-month period increased 116.4% to ₹868 crore, compared with ₹401 crore in the corresponding period of the previous financial year.
The EBITDA margin for H1 FY27 stood at 75.2%, compared with 67.5% in H1 FY26.
Options trading drives turnover growth
MCX also recorded significant growth in trading activity during the September quarter.
The average daily turnover (ADT) of futures increased 50.6% YoY to ₹62,819 crore. Meanwhile, options ADT surged 224.8% to ₹12,00,129 crore.
The combined futures and options average daily turnover reached ₹12,62,948 crore, registering a growth of 207.1% compared with the same quarter last year.
The exchange also reported an increase in client participation. The total number of futures and options traded clients reached 14.98 lakh in Q2 FY27, compared with 7.90 lakh in Q2 FY26.
MCX focuses on expanding its business
Commenting on the results, Praveena Rai, Managing Director and CEO of MCX, said: “For over two decades, MCX has played a pivotal role in strengthening India’s commodity markets through transparent price discovery and effective risk management solutions. Our strong performance in Q2 FY27 reflects the continued trust of market participants and the growing relevance of the Exchange in the evolving commodity ecosystem. This was driven by sustained growth across product segments, market participation, and ongoing efforts to broaden the product portfolio. As we look ahead, our focus is on building on this strong foundation by continuing to broaden market participation, expand product portfolio, and invest in technology and innovation. We remain committed to developing a more vibrant and inclusive commodity markets ecosystem while creating sustainable, long-term value for all our stakeholders.”
