On July 31, MCX shares opened lower as the business’s net profit for the April-June quarter was pulled down by the hefty license and maintenance charges paid to 63 Moons Technologies.
At 12.20 pm, the stock was trading at Rs 1,642 on the NSE, lower by 1.7% from the preceding close.
In June, MCX planned to extend its licence and maintenance contract with 63 Moons Technologies for 6 months as its relocation to the new trading platform was delayed.

Till September 2022, when the original contract was in process, the software support and license fee was Rs 16 crore per quarter.
The cost amounted to Rs 67 crore plus for the three-month extension, which ended in December 2022. In the March quarter, MCX took out Rs 87 crore and is probably to be paid as much for the June quarter. For the future six-month extension, MCX will wage a whopping Rs 125 crore per quarter.
As of June end, domestic mutual funds held 34.4% stake, foreign portfolio investors 23.49%, and Kotak Mahindra Bank alone had 15%.
Today, the corporation has programmed its earnings call at 6 pm IST.
The commodity derivatives exchange recorded a combined profit of Rs 19.6 crore the quarter, dropping 52.6% over a year-ago period, obstructed by dismal operating performance. Meanwhile, revenue from operations flowed 34% to Rs 145.7 crore compared to the year-ago period.