MCX Share Price Slips After Mixed Q4FY24 Results

The company’s total income for the quarter ended March 2024 stood at 153.83 crore, reflecting a 29.66% increase compared to the corresponding quarter of the previous year. However, it marked a 4.69% decline from the previous quarter, which recorded an income of 209.26 crore. Notably, the company’s profit surged significantly by a factor of 16 times year-on-year, reaching 87.9 crore in the March 2024 quarter. This was a significant improvement compared to the 5.45 crore profit reported in the same quarter of the previous fiscal year. Furthermore, the company’s margin also witnessed a substantial increase, rising to 56.3% during the March 2024 quarter, compared to 1.6% in the same period of the previous fiscal year.

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