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IEX reports 39% rise in Q3 consolidated net profit

25 Jan 2022 Evaluate

Indian Energy Exchange (IEX) has reported results for third quarter ended December 31, 2021.

The company has reported a rise of 33.01% in its net profit at Rs 79.91 crore for the quarter under review as compared to Rs 60.08 crore for the same quarter in the previous year. Total income of the company increased by 32.40% at Rs 126.68 crore for Q3FY22 as compared Rs 95.68 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 38.85% in its net profit at Rs 80.73 crore for the quarter under review as compared to Rs 58.14 crore for the same quarter in the previous year. Total income of the company increased by 36.10% at Rs 130.78 crore for Q3FY22 as compared Rs 96.09 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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