MCX shares tumble 7% even as Q2 net profit surges 130% YoY, revenue more than doubles
60-Word AI Digest
MCX shares fell nearly 7% despite reporting 130% growth in second-quarter net profit and a 114% rise in revenue. Jefferies said EBITDA was largely in line with estimates, while higher technology costs and taxes affected the results.
Key Takeaways
- MCX shares fell nearly 7% despite reporting 130% growth in second-quarter net profit and a 114% rise in revenue.
- Jefferies said EBITDA was largely in line with estimates, while higher technology costs and taxes affected the results.
- Full details and original dispatch available below.
MCX shares fell nearly 7% despite reporting 130% growth in second-quarter net profit and a 114% rise in revenue. Jefferies said EBITDA was largely in line with estimates, while higher technology costs and taxes affected the results.
Original Publisher Attribution
This summary was curated from Economic Times.