Indian Energy Exchange Ltd consolidated Q2FY24 PAT higher at Rs. 86.46 crores

Indian Energy Exchange Limited has reported Consolidated financial results for the period ended September 30, 2023.

Financial Results (Q2 FY2024) - QoQ Comparison

The company has reported total income of Rs. 132.9740 crores during the period ended September 30, 2023 as compared to Rs. 127.3681 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 86.46 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 75.8298 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 0.97 for the period ended September 30, 2023 as compared to Rs. 0.85 for the period ended June 30, 2023.

Financials	Q2 FY2024	Q1 FY2024	% Change
Total Income	₹ 132.9740 crs	₹127.3681 crs	4.40%
Net Profit	₹86.46 crs	₹75.8298 crs	14.02%
EPS	₹0.97	₹0.85	14.12%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 132.9740 crores during the period ended September 30, 2023 as compared to Rs.113.77 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.86.46 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.71.2043 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.0.97 for the period ended September 30, 2023 as compared to Rs.0.79 for the period ended September 30, 2022.

Financials	Q2 FY2024	Q2 FY2023	% Change
Total Income	₹ 132.9740 crs	₹113.77 crs	16.88%
Net Profit	₹86.46 crs	₹71.2043 crs	21.43%
EPS	₹0.97	₹0.79	22.78%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.260.3421 crores during the 6 Months period ended September 30, 2023 as compared to Rs.227.1648 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.162.2898 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.140.3329 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.1.83 for the 6 Months period ended September 30, 2023 as compared to Rs.1.57 for the 6 Months period ended September 30, 2022.

Financials	Half Year Ended FY2024	Half Year Ended FY2023	% Change
Total Income	₹260.3421 crs	₹227.1648 crs	14.60%
Net Profit	₹162.2898 crs	₹140.3329 crs	15.65%
EPS	₹1.83	₹1.57	16.56%

Shares of Indian Energy Exchange Limited was last trading in BSE at Rs. 126.60 as compared to the previous close of Rs. 124.85. The total number of shares traded during the day was 206888 in over 4476 trades.

The stock hit an intraday high of Rs. 126.80 and intraday low of 125.20. The net turnover during the day was Rs. 26085671.00.

Source : Equity Bulls

Keywords

IndianEnergyExchange Q2FY24 H1FY24 ResultUpdate IEX