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Sneha Jain

5th Aug 2025 · SEBI-Registered Analyst

MCX – Q1 FY26 Concall Highlights

■ Market Trends & Growth • Commodities gaining traction as an asset class • Options volumes surpassing futures due to lower trading costs • Strong hedger activity, especially in gold & industrial metals • Ongoing education & awareness initiatives aiding penetration • Revenue growth part of sustained momentum, not a one-off spike ■ Outlook • Focus on product innovation & deeper ecosystem engagement • Structural growth drivers intact despite near-term volume swings • Healthy margins expected (may moderate) • Stock split and new launches to drive retail participation • Continued collaboration with regulators to mature the market.

MCX

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