Indian Energy Exchange (IEX) reported a profit after tax of Rs 1,073 million for the quarter ended December 2024, a 16.9% increase from Rs 918 million in the same period last year. The company’s consolidated revenue grew by 13.7% to Rs 1,605 million in Q3 FY2024, compared to Rs 1,412 million during the corresponding quarter of 2023.
The Indian Energy Exchange (IEX) recorded a 16% year-on-year increase in electricity traded volume, reaching 9,689 MU in November 2024. This growth was supported by increased market participation and competitive pricing. The Day-Ahead Market (DAM) traded 5,651 MU, marking a 9.8% YoY increase, while the Real-Time Market (RTM) achieved 3,019 MU, reflecting a 28% YoY rise. The Green Market experienced significant growth, with volumes reaching 818 MU, a 332% YoY increase. The Green Day-Ahead Market…