Multi Commodity Exchange of India First Quarter 2025 Earnings: Beats Expectations

Simply Wall St

July 30, 2024

Multi Commodity Exchange of India (NSE:MCX) First Quarter 2025 Results

Key Financial Results

Revenue: ₹2.53b (up 52% from 1Q 2024).
Net income: ₹1.11b (up 464% from 1Q 2024).
Profit margin: 44% (up from 12% in 1Q 2024). The increase in margin was primarily driven by higher revenue.
EPS: ₹21.75 (up from ₹3.86 in 1Q 2024).

earnings-and-revenue-growth — NSEI:MCX Earnings and Revenue Growth July 30th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Multi Commodity Exchange of India Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 2.9%. Earnings per share (EPS) also surpassed analyst estimates by 19%.

Looking ahead, revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Capital Markets industry in India.

Performance of the Indian Capital Markets industry.

The company's shares are up 10% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We have a graphic representation of Multi Commodity Exchange of India's balance sheet and an in-depth analysis of the company's financial position.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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