IEX net rises 11% to Rs 69 cr in June quarter on back of higher revenues

Indian Energy Exchange (IEX) on Monday posted over 11 per cent rise in its consolidated net profit to Rs 69.12 crore in the June quarter compared to the year-ago period on the back of higher revenues.

FTIL sells remaining 11% stake to exit Indian Energy Exchange
IEX
Press Trust of India New Delhi
1 min read Last Updated : Jul 25 2022 | 7:23 PM IST

Indian Energy Exchange (IEX) on Monday posted over 11 per cent rise in its consolidated net profit to Rs 69.12 crore in the June quarter compared to the year-ago period on the back of higher revenues.

The consolidated net profit of the company was Rs 62.10 crore in the quarter ended on June 30, 2021, a BSE filing said.

Total income of the company increased to Rs 113.39 crore in the quarter from Rs 102.87 crore in the same period a year ago.

The board of directors of the company has recommended a final dividend of Re 1 per equity share having face value of Re 1 each for the financial year ended March 31, 2022, the filing said.

The company has fixed August 12, 2022 as the Record Date for the purpose of determining the entitlement of the shareholders for the final dividend for 2021-22.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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Topics :IEXIndian Energy Exchange IEXIndian Energy Exchange

First Published: Jul 25 2022 | 7:23 PM IST

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