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Indian Energy Exchange Q3 Profit Up 19% to Rs 92 cr - PTI

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By Rediff Money Desk, NEWDELHI   Jan 25, 2024 16:03

Indian Energy Exchange (IEX) reported a consolidated net profit of Rs 91.80 crore in the December quarter, a 19% increase from the previous year, driven by higher revenues.
New Delhi, Jan 25 (PTI) The Indian Energy Exchange on Thursday posted a nearly 19 per cent rise in consolidated net profit at Rs 91.80 crore in the December quarter, compared to the year-ago period mainly on the back of higher revenues.

Its consolidated net profit was Rs 77.21 crore in the quarter ended December 31, 2022, according to a regulatory filing.

The total income rose to Rs 141.21 crore in the quarter, from Rs 117.34 crore in the same period a year ago.

Board of Directors in its meeting held on Thursday have declared an interim dividend of Rs one per share (on equity share of par value of Re 1 each) for FY 2023-24.
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