Multi Commodity Exchange of India announced Q3FY24 results: Financial Performance Operating Revenue: MCX reported an increase in operating revenue (consolidated) of 16% to Rs 191.53 crore in Q3FY24, up from Rs 165.11 crore in the sequential quarter, Q2FY24. Total Income: The total income rose by 13.72% to Rs 209.26 crore for Q3FY24 compared to Rs 184.02 crore in Q2FY24. EBITDA: The EBITDA for Q3FY24 went up, reaching Rs (1.97) crore, which is a significant increase of 79.88% from the negative Rs (9.79) crore reported in the last sequential quarter. Net Loss: There was a decrease in the net loss by 71.95% to Rs (5.35) crore from Rs (19.07) crore in Q2FY24. Operational Performance Average Daily Turnover (ADT) of Futures: The ADT of futures increased by 10.8% to Rs 20,796 crore in Q3FY24 compared to Rs 18,763 crore in Q2FY24. Options Trading Growth: Options, on the other hand, made significant growth as its ADT increased to Rs 95,989 crore as against Rs 85,873 crore in Q2FY24. The average premium turnover also increased to Rs. 1,935 crore from Rs. 1,580 crore in Q2FY24. Client Growth in Derivatives: During the quarter, the number of total traded clients stood at 4.77 lakh, witnessing a growth rate of 7.4% over the previous quarter. Commodity Deliveries Gold and Silver: A total of 1.5 MT of Gold (all variants) and 27.6 MT of Silver (all variants) were delivered through the Exchange mechanism in Q3FY24. Base Metals: A total of 27,804 MT of base metals were delivered during the same quarter. Technology Platform Transition Mentioned that the company would have recorded a profit if not for the payment commitment of Rs 125 crore made till December 31, 2023, to the erstwhile technology vendor after the company transitioned to a new platform on October 16, 2023. Result PDF