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IEX reports marginal fall in Q3 consolidated net profit

01 Feb 2020 Evaluate

Indian Energy Exchange (IEX) has reported results for third quarter ended December 31, 2019.

The company has reported a fall of 0.74% in its net profit at Rs 42.30 crore for the quarter under review as compared to Rs 42.62 crore for the same quarter in the previous year. Total income of the company decreased by 9.79 % at Rs 69.39 crore for Q3FY20 as compared Rs 76.92 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported marginal fall of 2.18% in its net profit at Rs 41.69 crore for the quarter under review as compared to Rs 42.62 crore for the same quarter in the previous year. Total income of the company fell 9.75% at Rs 69.42 crore for Q3FY20 as compared Rs 76.92 crore for the corresponding quarter previous year.

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