Indian Energy Exchange Q4 results: Net profit rises over 21% to Rs 117 cr

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Indian Energy Exchange Q4 results: Net profit rises over 21% to Rs 117 cr - Business Standard

Quick Summary:

Indian Energy Exchange (IEX) on Thursday posted a rise of over 21 per cent in consolidated net profit to Rs 117.11 crore in March quarter of FY25 compared to a year ago, mainly on the back of higher revenues.

During the 2024-25 fiscal, the consolidated net profit of the company rose to Rs 429.16 crore compared to Rs 350.78 crore in the preceding financial year.

It had reported a consolidated net profit of Rs 96.68 crore in the quarter ended on March 31, 2024, a regulatory filing showed.