MCX profit is likely to take big hit for Q3 due to the exorbitant license fee extension for the quarter from 63 moons. Chances are high MCX might post a loss for Q3 on this one time expense.
Anyone has visibility on how is the progress on their new software testing and parallel run? Let us hope they switch to the new software by 1st Jan, else their will be acute short term pain in this counter.
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