MCX

The Multi Commodity Exchange of India Ltd (MCX) has received approval from the Securities and Exchange Board of India (Sebi) to introduce electricity derivatives contracts. These new financial instruments aim to help power distribution companies and large consumers effectively hedge against price volatility in the power market. With increasing emphasis on renewable energy and market-based reforms, these contracts are expected to provide a transparent, regulated, and efficient platform for managing electricity price risks.

The Multi Commodity Exchange of India Ltd (MCX) reported a sharp rise in earnings for the fourth quarter and full fiscal year 2024–25, propelled by soaring income and heightened trading activity. In Q4 alone, consolidated net profit surged 54.15% year-over-year to Rs. 135.46 crore, while total income rose by more than 60%. For the full year, MCX delivered a staggering sixfold jump in consolidated profit, reaching Rs. 560.04 crore. Despite rising operational expenses, the exchange demonstrated strong scalability and resilience. A final dividend of Rs.