News: MCX has reported mixed performance in Q4FY24. While option volume have increased from Rs 95989 crore in Q3FY24 to Rs 113672 crore, futures have seen decline in volume from Rs 20796 crore to Rs 17558 crore. Resultantly, revenue from operation have declined marginally from Rs 191 crore to Rs 181 crore. Bottom-line have recovered from loss in previous quarters to Rs 87.9 crore in Q4FY24, led by anticipated decline in software expense.
Views: While anticipated recovery in earnings and continued uptick in options bodes well, management commentary on new product launch needs to be watched.
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