The National Commodity & Derivatives Exchange (NCDEX) on Thursday said SEBI has extended the tenure of Managing Director and Chief Executive Officer Arun Raste till August 30, 2026, or until a successor joins, whichever is earlier.

The commodity exchange also reported a wider consolidated net loss of ₹9.1 crore for the March quarter compared to ₹7.8 crore a quarter ago. It had posted a profit of ₹241.25 crore a year ago.

Total income for the quarter rose to ₹45.1 crore from ₹39.1 crore a year earlier and ₹46.6 crore in the preceding quarter. Total expenses during the quarter stood at ₹62.1 crore against ₹50.8 crore in the corresponding quarter last year and ₹56.9 crore in the December quarter.

NCDEX said restrictions on fresh positions and launch of new contracts in several key commodities continue to affect transaction charge revenues.

The exchange plans to diversify with more commodities products and through an equity segment. It has received in-principle approval from SEBI to launch a mutual fund platform and separately to enter the equity and equity derivatives segment.

Employee benefits expense was the largest cost item at ₹31.1 crore in the March quarter, followed by technology expenses of ₹13 crore and other expenses of ₹11.1 crore.

For the full year FY26, the company incurred a consolidated net loss of ₹44.2 crore against a net profit of ₹237.5 crore in FY25.

Total income for FY26 increased to ₹153.4 crore from ₹122.1 crore in the previous year. However, total expenses rose to ₹219.9 crore from ₹197 crore, weighing on profitability.

Published on May 14, 2026