Indian Energy Exchange Ltd consolidated Q3 FY2024 net profit higher at Rs. 91.80 crores

Indian Energy Exchange Limited has reported Consolidated financial results for the period ended December 31, 2023.

Financial Results (Q3 FY2024) - QoQ Comparison

The company has reported total income of Rs. 141.2194 crores during the period ended December 31, 2023 as compared to Rs. 132.9740 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 91.8070 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 86.46 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 1.03 for the period ended December 31, 2023 as compared to Rs. 0.97 for the period ended September 30, 2023.

Financials	Q3 FY2024	Q2 FY2024	% Change
Total Income	₹ 141.2194 crs	₹132.9740 crs	6.20%
Net Profit	₹91.8070 crs	₹86.46 crs	6.18%
EPS	₹1.03	₹0.97	6.19%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 141.2194 crores during the period ended December 31, 2023 as compared to Rs.117.3494 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.91.8070 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.77.2161 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.1.03 for the period ended December 31, 2023 as compared to Rs.0.86 for the period ended December 31, 2022.

Financials	Q3 FY2024	Q3 FY2023	% Change
Total Income	₹ 141.2194 crs	₹117.3494 crs	20.34%
Net Profit	₹91.8070 crs	₹77.2161 crs	18.90%
EPS	₹1.03	₹0.86	19.77%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.401.5615 crores during the 9 Months period ended December 31, 2023 as compared to Rs.344.5142 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.254.0968 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.217.5490 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.2.86 for the 9 Months period ended December 31, 2023 as compared to Rs.2.43 for the 9 Months period ended December 31, 2022.

Financials	9 Months Ended FY2024	9 Months Ended FY2023	% Change
Total Income	₹401.5615 crs	₹344.5142 crs	16.56%
Net Profit	₹254.0968 crs	₹217.5490 crs	16.80%
EPS	₹2.86	₹2.43	17.70%

Shares of Indian Energy Exchange Limited was last trading in BSE at Rs. 136.90 as compared to the previous close of Rs. 136.50. The total number of shares traded during the day was 1643546 in over 18273 trades.

The stock hit an intraday high of Rs. 139.25 and intraday low of 134.70. The net turnover during the day was Rs. 225218439.00.

Source : Equity Bulls

Keywords

IndianEnergyExchange Q3FY24 9MFY24 ResultUpdate IEX