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Indian Energy Exchange Q3 net profit up 40% at Rs 58 crore

The company had posted a consolidated net profit of Rs 41.69 crore in the quarter ended on December 31, 2019, according to a regulatory filing.

January 21, 2021 / 08:01 PM IST
 
 
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Indian Energy Exchange (IEX) on Thursday posted a nearly 40 percent jump in its consolidated net profit at Rs 58.14 crore in the December quarter compared to the year-ago period, mainly due to higher revenues.

The company had posted a consolidated net profit of Rs 41.69 crore in the quarter ended on December 31, 2019, according to a regulatory filing.

Total income of the company rose to Rs 96.09 crore in the third quarter of the current fiscal from Rs 69.42 crore in the year-ago period.

At its meeting on Thursday, the company’s board approved an interim dividend of Rs 2.50 per equity share for the financial year ending March 31, 2021.
PTI
first published: Jan 21, 2021 08:01 pm

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