Oct 25, 2021 / 10:30AM GMT
Operator
Ladies and gentlemen, good day, and welcome to Multi Commodity Exchange of India Limited Q2 FY '22 Earnings Conference Call. (Operator Instructions) Please note that this conference is being recorded. I now hand the conference over to the MD and CEO, Mr. P.S. Reddy. Thank you, and over to you, sir.
Subbi Reddy Venkatrama Padala - Multi Commodity Exchange of India Limited - MD, CEO & Additional Director
Good afternoon, everyone. Thank you for joining in the Q2 call. The results, as you've seen, are disappointing to myself and to my colleagues and to the Board as well. Thanks to the peak margin regulation that has kicked in, which went on increasing the peak margin from 25% to 100% on 1st September, which started with 25% in the month of December, then we went on to March and then June and September.
And now that the players also got used to the peak model able to stay and now the model is going to change, and we are able to see some revival in the month of October, and it is almost all our (inaudible) [29,900] so far. But in the month of -- in the
Q2 2022 Multi Commodity Exchange of India Ltd Earnings Call Transcript
Oct 25, 2021
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