BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
ICICI Direct Report
Multi Commodity Exchange of India Ltd.'s turnover of commodity futures contracts declined ~8% QoQ to Rs 19.15 lakh crore in Q1 FY22.
Average daily turnover declined ~11.2% YoY to Rs 28,031 crore, due to increase in margin requirement.
Revenue from operation declined ~10% QoQ to ~Rs 87.6 crore.
Notional average daily turnover of options increased 192% YoY to Rs 1,900 crore in Q1 FY22 from Rs 651 crore in Q1 FY21.
Other income came in at Rs 21.3 crore, up 85% QoQ.
Excluding other income, core profit before tax came at Rs 30.1 crore, up 39% YoY and down 21% QoQ.
MCX's earnings remained steady QoQ at Rs 39.9 crore, led by higher other income.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
As a Subscriber you get
Stories
RECOMMENDED FOR YOU
POPULAR