Multi Commodity Exchange of India Limited CC-Mar25.pdf · 2025-05-09
Firstly, congratulations on a good set of numbers on an overall year basis. I think the growth has been phenomenal. My question pertains to the cost increase that we have seen in this quarter. So we see that there has been a sharp increase in the operating costs, especially in the employee cost and software support charges. So can you highlight what has led to such sharp increase in these 2 line items? And are there any one-offs in this?
Right, ma'am. Just continuing on that, we also see a sharp increase in your depreciation, assuming there will be a significant capex that you're incurring. I'm assuming, again, that will be around the tech cost. So just wanted to understand where are we spending this incremental cost because we have just completed our CDP project? So where is this incremental capex happening on the technology front? What is the expected spend that we are targeting for the year FY '26? And what run rate should we assume both in case of opex and depreciation in FY '26 for your technology?