MCX management is on record during concall that 3 month extension from 63 moons was at exorbitant cost. One analyst mentioned the market rumour of it being multiples of what is being paid currently to them. Adding 2+2, a reasonable judgement would be 45-60 Crs. Management has said that this extension will reflect as one time cost in this quarter
Depending on how much operating profit is made this qtr, there is a reasonable risk of a big hit to its PAT. It is in that context I had made the statement. Hope that clarifies
Subscribe To Our Free Newsletter |