MCX reports that its first-quarter performance declines on both profit and revenue. According to the available reporting, the company’s revenue falls by 21% to Rs 702 crore, down from Rs 889 crore in the preceding financial year. Profit also decreases, with the company’s profit falling 22% in the quarter, indicating weaker earnings versus the prior year period. The reporting further notes margin contraction, suggesting costs and/or pricing dynamics adversely affect profitability during the quarter. While the specific reasons for the margin change are not detailed in the provided excerpts, the combined figures point to a broad slowdown in operating performance compared with the previous year’s quarter. Overall, the results reflect a simultaneous top-line decline and reduced profitability for the quarter, alongside narrower margins. The information cited is limited to the figures highlighted in the sources provided.