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IEX reports 9% fall in Q2 consolidated net profit

21 Oct 2020 Evaluate

Indian Energy Exchange (IEX) has reported results for second quarter ended September 30, 2020.

The company has reported 4.34% fall in its net profit of Rs 46.70 crore for the quarter under review as against net profit of Rs 48.82 crore for the same quarter in the previous year. However, total income of the company marginally increased by 0.80% at Rs 79.35 crore for Q2FY21 as compared Rs 78.72 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 9.18% fall in its net profit at Rs 44.33 crore for the quarter under review as against net profit of Rs 48.82 crore for the same quarter in the previous year. Total income of the company marginally decreased by 0.01% at Rs 78.71 crore for Q2FY21 as compared Rs 78.72 crore for the corresponding quarter previous year.

Peers
Company Name CMP
NTPC 316.70
Tata Power 350.00
Adani Power 196.95
Power Grid Corpn. 254.65
Adani Energy Solut. 1325.50
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