TAG: "IEX"

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IEX Reports 25 Percent PAT Growth to INR 108.3 Crore in Q2 FY25, Revenue Rises 26 Percent

Indian Energy Exchange (IEX) posted a 25.2 percent YoY rise in consolidated Profit After Tax (PAT) to INR 108.3 crore for Q2 FY25. Revenue grew 26.2 percent to INR 167.8 crore, driven by a 38 percent increase in total trading volumes to 36.7 BUs.

IEX | October 25, 2024 | By EI News Network |  630

IEX Sees 24 Percent YoY Growth in September 2024

Indian Energy Exchange achieved 11,370 MU total volume in September 2024, with REC trading rising 100 percent year-on-year. REC prices hit an all-time low at INR 110 per certificate, providing an opportunity for obligated entities to meet Renewable Purchase Obligations affordably.

IEX | October 08, 2024 | By EI News Network |  576

IEX Achieves Highest Ever Monthly Traded Volume of 13,250 MU in July 2024

Indian Energy Exchange (IEX) Power Market Update, July 2024 highlights the surges in trade volume in electricity, green market and REC market.

IEX | August 07, 2024 | By News Bureau |  789

Q1 FY'25: IEX Revenue Surges 21.3 percent to INR 154.5 Crore

In Q1 FY'25, IEX reported a 21.1 percent increase in trading volume to 30.4 BUs. Revenue grew by 21.3 percent to INR 154.5 crore, and PAT surged 27.2 percent to INR 96.4 crore. Peak power demand reached a new high of 250 GW.

IEX | July 26, 2024 | By EI News Network |  865

IEX Sees Record Growth in Q1 FY25 with 19 Percent Surge in Electricity Volume

In June 2024, IEX achieved an electricity volume of 10,185 million units (MU), marking a 24.7 percent year-on-year (YoY) increase.

IEX | July 04, 2024 | By Abha Rustagi |  858

IEX Sees Record Trading Volumes in May 2024

This surge was driven by a 21 percent YoY rise in electricity volumes, totaling 9,568 MU, and a 640.3 percent YoY increase in Renewable Energy Certificates (REC) trading, amounting to 1,055 MU.

IEX | June 06, 2024 | By Abha Rustagi |  1143

Indian Energy Exchange Reports Strong Financial Performance for Q4 FY 2024

Revenue for Q4 was INR 149.5 Cr, up 15.4 percent YoY, and PAT was INR 95.1 Cr, a 14.7 percent increase YoY.

IEX | May 18, 2024 | By Abha Rustagi |  1420

Indian Energy Exchange Trades 110 BU of Electricity in FY'24

In FY'24, IEX achieved a milestone by recording 110 billion units (BU) of electricity traded, marking a substantial increase of 13.8 percent compared to the previous fiscal year.

IEX | April 05, 2024 | By Abha Rustagi |  1908

IEX Records Significant Increase in Electricity Trading Volumes in February 2024

According to government data published in February 2024, the country's energy consumption reached 127.8 BUs, representing an 8.5 percent increase on a YoY basis.

IEX | March 05, 2024 | By Abha Rustagi |  1182

IEX Sets New Record with Highest Ever Volumes in January 2024

According to government data published in January’24, the country's energy consumption reached 133.8 BUs, representing a 6 percent increase on a year-on-year basis.

IEX | February 06, 2024 | By Abha Rustagi |  1292

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