Indian Energy Exchange Reports Q3 Profit, Declares Interim Dividend

Indian Energy Exchange Ltd (IEX), India’s premier power trading platform, announced its financial results for the December quarter, highlighting stable growth and profitability. The company reported consolidated net profit of Rs 1.19 billion, while revenue from operations stood at Rs 1.46 billion. Alongside the results, IEX declared an interim dividend of Rs 1.50 per share, underscoring its focus on rewarding shareholders.  

Key highlights from the announcement include  

• Consolidated net profit for Q3 stood at Rs 1.19 billion.  
• Revenue from operations reported at Rs 1.46 billion.  
• Board approved interim dividend of Rs 1.50 per share.  
• Performance supported by consistent demand in the power trading market.  
• Company continues to strengthen its position as India’s leading energy exchange.  
• Dividend declaration reflects strong cash flows and shareholder value creation.  

Industry experts note that IEX’s results demonstrate resilience in India’s evolving energy sector. With rising electricity demand and increasing participation in the exchange, the company remains well-positioned to sustain growth while balancing profitability and shareholder rewards.  

Sources: Reuters, Economic Times, Business Standard