Indian Energy Exchange (IEX) on Thursday reported nearly 7 per cent fall in its consolidated net profit at Rs 71.20 crore in September quarter compared to a year ago. The consolidated net profit was Rs 77.38 crore in the quarter ended on September 30, 2021, a BSE filing stated. Total income declined to Rs 113.77 crore in the quarter from Rs 122.30 crore in the same period a year ago.
The total trade volume of Indian Energy Exchange (IEX) registered an 18 per cent annual decline in August to 7,805 MU (million units). The total trade volume in August 2021 was at 9,538 MU, an IEX statement said. However, on a month-on-month basis, IEX registered a 9 per cent growth in August. In July 2021, the total power trade volume was 7,151 MU. The total trade volume of 7,805 MU in August, 2022, comprised 6,517 MU in the conventional power market, 437 MU in the Green Power Market, and 851 MU (8.51 lakh Certificates) in the REC Market, according to the statement. The average clearing price in the Day-Ahead market increased 2 per cent YoY (year-on-year), from Rs 5.06 per unit in August'21 to Rs 5.17 in August '22. The supply-side constraints continued due to high prices of imported coal, fuel shortage and increased e-auction prices, it said. The Day-Ahead Market volume at 3,529 MU, registered a flat growth on a month-on-month basis. Although imported coal prices remained high
The trade volume in the quarter comprised 20.64 bn units in the conventional power market, 1.52 BU in the green market segment and 11.97 lakh certificates in REC market, which is equivalent to 1.2 BU
Indian Energy Exchange (IEX) on Monday posted over 11 per cent rise in its consolidated net profit to Rs 69.12 crore in the June quarter compared to the year-ago period on the back of higher revenues. The consolidated net profit of the company was Rs 62.10 crore in the quarter ended on June 30, 2021, a BSE filing said. Total income of the company increased to Rs 113.39 crore in the quarter from Rs 102.87 crore in the same period a year ago. The board of directors of the company has recommended a final dividend of Re 1 per equity share having face value of Re 1 each for the financial year ended March 31, 2022, the filing said. The company has fixed August 12, 2022 as the Record Date for the purpose of determining the entitlement of the shareholders for the final dividend for 2021-22.
Indian Energy Exchange has registered a 17 per cent year-on-year growth in trade volume to 8,267 million units (MU) in June. Power trade volume stood at 7,093 MU Indian Energy Exchange (IEX) in the year-ago period. "The Indian Energy Exchange achieved 8,267 MU volume on June 22, comprising 7,058 MU in the conventional power market, 536 MU in the green power market, and 673 MU (6.73 lakh certificates) in the REC (renewable energy certificate) market, registering 17 per cent y-o-y (year-on-year) volume growth across all market segments," an IEX statement said. Owing to improved supply-side availability, the prices at the day ahead market reduced to Rs 6.49 per unit in June 2022 from Rs 6.76 in May 2022, it added. For the first quarter of fiscal 2023, IEX achieved 23,437 MU volume across all segments, witnessing a 10 per cent year-on-year growth across all its market segments, according to the statement. The Day-ahead Market volume at 4,085 MU saw a de-growth of 5 per cent year-on-ye
Indian Energy Exchange (IEX) clocked a 38 per cent growth in trade volume at 1,02,035 million units in financial year 2021-22
BSE stock is decisively claiming new all-time high; CDSL broke out of Double-Bottom formation, while IEX has witnessed an Inverse head and shoulder breakout.
Overall, the Exchange achieved 16 per cent YoY (year-on-year) volume growth in across all its market segments during the month (January),' an IEX statement said
Indian Energy Exchange (IEX) has registered a 24 per cent growth in trade volume to 9,035 million units (MU) in December across all market segments.
The company has fixed Monday, December 06, 2021 as the "record date", for the purpose of ascertaining the eligibility of shareholders entitled for issuance of bonus equity shares of the Company.
Indian Energy Exchange and Apollo Pipes have announced their respective record dates for the issuance of bonus shares for eligible shareholders
In Q2Fy22, IEX posted a near 75 per cent jump in consolidated net profit at Rs 77.38 crore, mainly on the back of higher revenues.
State-run PSU banks are likely to be in focus today as government plans to shore up capital requirement in Q2; Focus will also be on other corporate results
L&T Infotech and UltraTech Cement are likely to react to Q2 numbers this morning, while focus shall also be on Hindustan Unilever, ACC and other stocks ahead of September quarter results
Any move below the zero line is inferred as a bearish signal where prices are expected to fall further.
Indian Energy Exchange (IEX) witnessed 41 per cent increase in transaction revenue
The day-ahead market traded 5,699 MU volume in April 2021, achieving a significant 54 per cent YoY growth
Average spot power price rose by 65% to Rs 4.06 per unit in March compared to the year-ago month at Indian Energy Exchange mainly due to increase in demand on account of rise in temperature
In the past three months, the stock of IEX has outperformed the market by surging 65 per cent as against a 4.3 per cent rise in the S&P BSE Sensex
IEX announced strategic divestment of 26 per cent of its equity holding in the Indian Gas Exchange (IGX) to the NSE and additional 5 per cent equity holding to ONGC