Multi Commodity Exchange of India Second Quarter 2023 Earnings: EPS: ₹12.43 (vs ₹6.42 in 2Q 2022)

Multi Commodity Exchange of India (NSE:MCX) Second Quarter 2023 Results

Key Financial Results

• Revenue: ₹1.46b (up 47% from 2Q 2022).
• Net income: ₹632.7m (up 94% from 2Q 2022).
• Profit margin: 43% (up from 33% in 2Q 2022).
  • The increase in margin was driven by higher revenue.
• EPS: ₹12.43 (up from ₹6.42 in 2Q 2022).

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

Multi Commodity Exchange of India Earnings Insights

Looking ahead, revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Capital Markets industry in India.

Performance of the Indian Capital Markets industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 1 warning sign for Multi Commodity Exchange of India you should know about.

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