• Home 1
  • Privacy Policy
LSD News
  • Home
  • Business
  • Crypto News
  • Finance
  • Health
  • Politics
  • Sports
  • Stock
  • Tech
  • Travel
No Result
View All Result
  • Home
  • Business
  • Crypto News
  • Finance
  • Health
  • Politics
  • Sports
  • Stock
  • Tech
  • Travel
No Result
View All Result
LSD News
No Result
View All Result
Home Stock

IEX Q4 Results: Net profit soars 21% to Rs 117 crore; Rs 1.5/share dividend declared

by
April 24, 2025
in Stock
0
IEX Q4 Results: Net profit soars 21% to Rs 117 crore; Rs 1.5/share dividend declared
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


Indian Energy Exchange (IEX) on Thursday posted a rise of over 21 per cent in consolidated net profit to Rs 117.11 crore in March quarter of FY25 compared to a year ago, mainly on the back of higher revenues. It had reported a consolidated net profit of Rs 96.68 crore in the quarter ended on March 31, 2024, a regulatory filing showed.

Total income in the reporting quarter rose to Rs 174.59 crore from Rs 149.28 in the same period year ago.

During the 2024-25 fiscal, the consolidated net profit of the company rose to Rs 429.16 crore compared to Rs 350.78 crore in the preceding financial year.

Total income in the fiscal rose to Rs 657.36 crore from Rs 550.84 crore in 2023-24.

The board of directors has recommended the final dividend of Rs 1.50 per equity share having a face value of Re one each for the financial year ended March 2025.

Live Events


The board has fixed May 16, 2025 as the ‘record date‘ to ascertain the eligibility of shareholders for payment of final dividend, it said. The final dividend, if approved by the shareholder at the ensuing annual general meeting, will be paid within 30 days from the date of approval by the shareholders. According to a company statement, IEX logged the highest-ever quarterly traded electricity volume of 31.7 BU (billion units) in Q4 FY25, 18.1 per cent higher YoY (year on year)·

As many as 68 lakh RECs (renewable energy certificates) were traded during Q4FY25, up 108 per cent. It was also the highest-ever RECs traded in a quarter

Standalone PAT (profit after tax) or net profit in Q4 FY25 increased 17.8 per cent to Rs 112 crore from Rs 95.1 crore in Q4FY24.

Similarly in fiscal year 2024-25, IEX logged the highest-ever traded electricity volume of 121 BUs, up 18.7 per cent YoY·

IEX traded 178 lakh RECs during FY25, registering an increase of 136.3 per cent. It was the highest-ever RECs traded in a financial year.

For FY25, standalone PAT increased 21.4 per cent to Rs.414.6 crore from Rs 341.4 crore in FY24.

Tags: 15sharecroredeclareddividendequityFiscal yearIEXindian energy exchangenetpaymentprofitRecord Dateresultssoars
Previous Post

California offering $25 gift cards to encourage bird flu testing

Next Post

Fed’s Hammack calls for patience in assessing what impacts tariffs will have on the economy

Next Post
Fed’s Hammack calls for patience in assessing what impacts tariffs will have on the economy

Fed's Hammack calls for patience in assessing what impacts tariffs will have on the economy

Stay Connected test

  • 139 Followers
  • 23.9k Followers
  • 99 Subscribers
ADVERTISEMENT
  • Trending
  • Comments
  • Latest
Hawaii officials work to address mental health challenges facing wildfire survivors

Hawaii officials work to address mental health challenges facing wildfire survivors

August 17, 2023
Wegovy heart health data is promising — but insurers face long road, high cost to cover obesity drugs

Wegovy heart health data is promising — but insurers face long road, high cost to cover obesity drugs

August 10, 2023
Contact lens maker faces lawsuit after woman said the product resulted in her losing an eye

Contact lens maker faces lawsuit after woman said the product resulted in her losing an eye

July 16, 2023
Working-age Americans are struggling to pay for health care, even those with insurance, report finds

Working-age Americans are struggling to pay for health care, even those with insurance, report finds

October 28, 2023
Tech layoffs in Southeast Asia mount as unprofitable startups seek to extend their runways

Tech layoffs in Southeast Asia mount as unprofitable startups seek to extend their runways

5
Contact lens maker faces lawsuit after woman said the product resulted in her losing an eye

Contact lens maker faces lawsuit after woman said the product resulted in her losing an eye

5
Why Cristiano Ronaldo’s move to Saudi Arabia means so much for the Gulf monarchy’s sporting ambitions | CNN

Why Cristiano Ronaldo’s move to Saudi Arabia means so much for the Gulf monarchy’s sporting ambitions | CNN

3
Georgia realtor receives invitation to play the Masters by mistake | CNN

Georgia realtor receives invitation to play the Masters by mistake | CNN

1
Ark Invest’s Cathie Wood Predict Bitcoin To Hit .5 Million Price By 2030 — Here’s Why

Ark Invest’s Cathie Wood Predict Bitcoin To Hit $1.5 Million Price By 2030 — Here’s Why

May 18, 2025
Republicans look to get Trump’s big bill back on track with rare Sunday committee session

Republicans look to get Trump’s big bill back on track with rare Sunday committee session

May 18, 2025
Market Trading Guide: Know why BEML, HUDCO are among 5 stock recommendations for Monday –  Stock Ideas

Market Trading Guide: Know why BEML, HUDCO are among 5 stock recommendations for Monday – Stock Ideas

May 18, 2025
Video: Inside a Plan to Shut Down Pro-Palestinian Activism

Video: Inside a Plan to Shut Down Pro-Palestinian Activism

May 18, 2025

Recent News

Ark Invest’s Cathie Wood Predict Bitcoin To Hit .5 Million Price By 2030 — Here’s Why

Ark Invest’s Cathie Wood Predict Bitcoin To Hit $1.5 Million Price By 2030 — Here’s Why

May 18, 2025
Republicans look to get Trump’s big bill back on track with rare Sunday committee session

Republicans look to get Trump’s big bill back on track with rare Sunday committee session

May 18, 2025
Market Trading Guide: Know why BEML, HUDCO are among 5 stock recommendations for Monday –  Stock Ideas

Market Trading Guide: Know why BEML, HUDCO are among 5 stock recommendations for Monday – Stock Ideas

May 18, 2025
Video: Inside a Plan to Shut Down Pro-Palestinian Activism

Video: Inside a Plan to Shut Down Pro-Palestinian Activism

May 18, 2025

We bring the latest news from all over the world and get all time updated you

Follow Us

Browse by Category

  • Business
  • Crypto News
  • Finance
  • Health
  • Politics
  • Sports
  • Stock
  • Tech
  • Travel
  • Uncategorized

Recent News

Ark Invest’s Cathie Wood Predict Bitcoin To Hit .5 Million Price By 2030 — Here’s Why

Ark Invest’s Cathie Wood Predict Bitcoin To Hit $1.5 Million Price By 2030 — Here’s Why

May 18, 2025
Republicans look to get Trump’s big bill back on track with rare Sunday committee session

Republicans look to get Trump’s big bill back on track with rare Sunday committee session

May 18, 2025
No Result
View All Result
  • Home 1
  • Privacy Policy

© 2024 LSD News title="Jegtheme">Jegtheme.