MCX shares surge 5% as Q1 PAT soars 83% YoY, 1:5 stock split announced

Shares of Multi Commodity Exchange (MCX) surged 4.6% to an intraday high of Rs 7,944 on the BSE on on Monday following the announcement of robust Q1 results and a 1:5 stock split aimed at increasing retail investor participation.

MCX reported a 60% year-on-year (YoY) surge in total income for the quarter ended June 30, reaching Rs 405.82 crore—its highest-ever quarterly revenue. Profit after tax (PAT) rose sharply by 83% YoY to Rs 203.19 crore, while earnings before interest, taxes, depreciation, and amortization (EBITDA) stood at Rs 274.27 crore.

Alongside the strong financial performance, MCX’s board approved a 1:5 stock split to make its shares more affordable and accessible to retail investors. The proposed split will reduce the face value of each share from Rs 10 to Rs 2, subject to shareholder and regulatory approvals. The move aims to increase market participation, broaden the shareholder base, and boost trading volumes.


The exchange's operational performance also remained strong, with average daily turnover surging 80% YoY to Rs 3.1 lakh crore. The increase was driven by higher participation from institutional and MSME hedgers, supported by an expanded product offering.

MCX's Managing Director and CEO, Praveena Rai, stated that the exchange began FY26 on a “positive note,” citing the introduction of new products such as Electricity Futures and expanded bullion and agri contracts, which have strengthened the risk management landscape.

MCX also achieved a significant global milestone, emerging as the world’s largest commodity options exchange in 2024. It ranked sixth globally among commodity exchanges, up from seventh place in 2023, according to data from the Futures Industry Association (FIA).

On Friday, the shares of MCX closed 1.3% lower at Rs 7,594.35 on the BSE.

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