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Indian Energy Exchange Q2 Profit Surges 25% to Rs 108.32 cr

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By Rediff Money Desk, New Delhi   Oct 24, 2024 16:59

Indian Energy Exchange (IEX) reported a 25% increase in net profit for the September quarter, reaching Rs 108.32 crore, driven by higher revenues.
New Delhi, Oct 24 (PTI) Indian Energy Exchange (IEX) on Thursday posted over 25 per cent rise in consolidated net profit at Rs 108.32 crore for the quarter ended September 30, 2024 compared to the year-ago period mainly due to higher revenues.

The company had reported a consolidated net profit of Rs 86.46 crore in the quarter ended on September 30, 2023, a regulatory filing showed.

Total income rose to Rs 167.76 crore in the quarter in the quarter under review, from Rs 132.97 crore in the same period a year ago.
Source: PTI
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