Indian Energy Exchange Limited — Updates, 24-10-2024: Press Release

Indian Energy Exchange Ltd reported a strong Q2 FY’25 with overall trading volumes of 36.7 billion units, up 38% YoY. Revenue rose by 26.2% to Rs 167.8 crore, while consolidated profit after tax increased by 25.2% to Rs 108.3 crore. Despite flat power demand growth, improved supply and favorable conditions led to a decline in market prices. The company also marked the accreditation of its subsidiary as India’s first International Renewable Energy Certificate issuer.