Indian Energy Exchange (IEX) on Thursday posted over 14 per cent rise in net profit at Rs 48.82 crore for the September quarter of the ongoing fiscal, mainly on the back of higher revenues.
The company had reported a profit of Rs 42.66 crore in the year-ago period, according to a BSE filing.
Total income rose to Rs 78.71 crore for the quarter under review from Rs 75.21 crore in the same period a year ago.
The company is a registered power exchange and constitutes a single operating segment.
The net profit of the company in the first half of this fiscal (April-September) also increased to Rs 88.41 crore from Rs 84.56 crore in the year-ago period.
Total income of the company fell to Rs 148.38 crore in the first half from Rs 149.40 crore a year ago.
The company's net profit for 2018-19 was Rs 165.03 crore. Total income was Rs 294.15 crore.